Bece Business Studies Questions
Question 6:
Which of the following is an example of a tangible asset?
- A Brand reputation
- B Patents
- C Machinery
- D Trademark
- E Goodwill
Question 7:
What is a business plan?
- A A document outlining the business’s goals and the strategy to achieve them
- B A record of daily trANS#actions
- C A summary of the company's annual financial performance
- D A list of employees and their roles
- E A marketing strategy
Question 8:
What does the term "market segmentation" mean?
- A Dividing a market into distinct groups of buyers
- B Combining different markets into one
- C Selling products in multiple markets
- D Producing one product for all markets
- E None of the above
Question 9:
Who is considered the father of modern management?
- A Steve Jobs
- B Peter Drucker
- C Bill Gates
- D Henry Ford
- E Warren Buffet
Question 10:
Which of the following is NOT a form of business ownership?
- A Sole proprietorship
- B Partnership
- C Corporation
- D Franchise
- E Government agency