Home Library Explore SAT

Home Library Explore SAT

Lesson 1 & 2 Recap Flashcards | StudBud

Explore/Lesson 1 & 2 Recap

Choose the best answer: What is the purpose of a business?

Which of the following is an example of a good?

Lesson 1 & 2 Recap

9 terms·StudBud Administration·17 plays

Imported from external platform

Flashcards9 cardsFPractice quizPHost liveL

Questions 9

Answers

1
Which of the following is an example of a good?
Bicycle
Haircut
Consulting work
iOs or Android Application
2
Choose the best answer: What is the purpose of a business?
To provide free products to customers
To provide goods and services and generate profit
To provide employment opportunities
To support charitable causes
3
Which of the following are part of the secondary sector of an industry?
Rubber
Uber
Cars
Metals
4
Who is the current CEO of Apple Inc.?
Tim Cook
Mark Zuckerberg
Steve Jobs
Sundar Pichai
5
What is the primary goal of an entrepreneur?
To achieve work-life balance
To retire early
To create innovative solutions and opportunities
To provide low-cost products to consumers
6
What does an entrepreneur do?
Designs logos and marketing materials
Provides customer support
Develops software applications
Manages the overall operations of a company
7
Which of the following is the main characteristic of an entrepreneur?
They take risks and start their own businesses
They focus on marketing
They work for someone else
They sell physical products
8
What is entrepreneurship?
The process of starting and managing a business
The practice of working as an employee in a corporation
The act of providing customer service
The act of buying and selling goods
9
Which of the following is an example of a service?
Restaurant meal
Netflix
a) Smartphone
Clothing