Business Studies Questions
Question 11:
What is the purpose of market research?
- A To understand customer needs and preferences
- B To increase production capacity
- C To hire new employees
- D To design new products
- E To train staff
Question 12:
What is an entrepreneur?
- A Someone who works for a company
- B Someone who starts and runs their own business
- C Someone who invests in the stock market
- D Someone who manages a department
- E Someone who designs marketing campaigns
Question 13:
Which of the following best describes "capital"?
- A Money and assets used to start and operate a business
- B The total revenue of a company
- C The net profit after taxes
- D The total number of employees
- E The total amount of debt
Question 14:
What is the primary objective of advertising?
- A To inform and persuade potential customers
- B To increase production
- C To manage inventory
- D To design new products
- E To hire employees
Question 15:
What is a balance sheet?
- A A financial statement that shows a company's assets, liabilities, and equity
- B A document that lists all the company'sEXP#enses
- C A record of all sales trANS#actions
- D A report showing the company's profit
- E A summary of the company's market share