A valid definition of a business purpose is to ______. A. create a customer. B. maximize profits. C. serve the society. D. increase the wealth of the firm.

A valid definition of a business purpose is to ______.
A. create a customer.
B. maximize profits.
C. serve the society.
D. increase the wealth of the firm.
by

1 Answer

Answer :

B. maximize profits.
by

Related questions

A valid definition of a business purpose is to _______. A. create a customer. B. maximize profits. C. serve the society. D. increase the wealth in the firm.

Description : A valid definition of a business purpose is to _______. A. create a customer. B. maximize profits. C. serve the society. D. increase the wealth in the firm.

Last Answer : A. create a customer.

Entrepreneurial development is the key to achieve all-round __________ through A. economic development B. increase in profits C. shareholders value D. business development

Description : Entrepreneurial development is the key to achieve all-round __________ through A. economic development B. increase in profits C. shareholders value D. business development

Last Answer : A. economic development

Warning signs that cause the auditor to question management integrity must be taken seriously and pursued vigorously. Which of the following may lead the auditor to suspect management dishonesty? a. The client has been named as a defendant in a product liability suit. b. The client has experienced a decrease in revenue from increased import competition. c. A new statutory regulation making customer licenses more difficult to obtain may adversely affect the client's operations. d. The president and chief executive officer of the client corporation has held numerous meetings with the controller for the purpose of discussing accounting practices that will maximize reported profits

Description : Warning signs that cause the auditor to question management integrity must be taken seriously and pursued vigorously. Which of the following may lead the auditor to suspect management ... with the controller for the purpose of discussing accounting practices that will maximize reported profits

Last Answer : The president and chief executive officer of the client corporation has held numerous meetings with the controller for the purpose of discussing accounting practices that will maximize reported profits

IFCI has been converted into a________. A. joint stock company. B. co-operative society. C. partnership firm. D. sole proprietorship.

Description : IFCI has been converted into a________. A. joint stock company. B. co-operative society. C. partnership firm. D. sole proprietorship.

Last Answer : A. joint stock company.

The purpose of all good small business strategy is__________. A. to increase turnover. B. to increase profitability. C. to achieve competitive advantage. D. to achieve stated objectives.

Description : The purpose of all good small business strategy is__________. A. to increase turnover. B. to increase profitability. C. to achieve competitive advantage. D. to achieve stated objectives.

Last Answer : D. to achieve stated objectives.

When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration

Description : When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration

Last Answer : A. conglomerate diversification.

When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as _____________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration.

Description : When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as _____________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration.

Last Answer : D. concentric integration.

Today, many companies are using managerial techniques that are designed to encourage _________. A. increasing profits B. legal compliances C. Ethical behaviour D. shareholders value

Description : Today, many companies are using managerial techniques that are designed to encourage _________. A. increasing profits B. legal compliances C. Ethical behaviour D. shareholders value

Last Answer : C. Ethical behaviour

A project, which may not add to the existing profits, should be financed by _________ A. debentures. B. preference share capital. C. equity capital. D. public deposits.

Description : A project, which may not add to the existing profits, should be financed by _________ A. debentures. B. preference share capital. C. equity capital. D. public deposits.

Last Answer : A. debentures.

Which of the following securities proves a burden on finances of the company, when company is not earning profits? A. Equity shares. B. Preference shares. C. Redeemable preference shares. D. Debentures.

Description : Which of the following securities proves a burden on finances of the company, when company is not earning profits? A. Equity shares. B. Preference shares. C. Redeemable preference shares. D. Debentures.

Last Answer : D. Debentures.

Under section 80J of the income tax act, 1961, small-scale industries are exempted from the payment of income tax on their profits at ___________. A. 6% p.a. B. 6% p.m. C. 5% p.a. D. 5% p.a.

Description : Under section 80J of the income tax act, 1961, small-scale industries are exempted from the payment of income tax on their profits at ___________. A. 6% p.a. B. 6% p.m. C. 5% p.a. D. 5% p.a.

Last Answer : A. 6% p.a.

Section 80 HHB provides for a deduction of ____________________ of profits and gains earned by a resident Indian company. A. 65%. B. 60%. C. 55%. D. 50%

Description : Section 80 HHB provides for a deduction of ____________________ of profits and gains earned by a resident Indian company. A. 65%. B. 60%. C. 55%. D. 50%

Last Answer : D. 50%

Definition of energy management given by cape hart , turner and Kennedy is ____ A. The Judicious and effective use of energy to maximize profits and enhance competitive position B. The Judicious and effective use of energy to minimize profits and enhance competitive position C. The systematic approach for decision making in area of energy management. D. All of the above

Description : Definition of energy management given by cape hart , turner and Kennedy is ____ A. The Judicious and effective use of energy to maximize profits and enhance competitive position B. The Judicious and ... The systematic approach for decision making in area of energy management. D. All of the above

Last Answer : The Judicious and effective use of energy to maximize profits and enhance competitive position

The oldest form of business organization is ______. A. Partnership. B. sole proprietorship. C. joint stock company. D. co-operative undertaking.

Description : The oldest form of business organization is ______. A. Partnership. B. sole proprietorship. C. joint stock company. D. co-operative undertaking.

Last Answer : B. sole proprietorship.

Business risks can be ______. A. avoided. B. reduced. C. ignored. D. erased.

Description : Business risks can be ______. A. avoided. B. reduced. C. ignored. D. erased.

Last Answer : B. reduced.

The business development department of SIPCOT guides entrepreneurs in ______. A. applying for licences. B. approval on collaboration. C. allocation of scarce raw materials. D. All the above

Description : The business development department of SIPCOT guides entrepreneurs in ______. A. applying for licences. B. approval on collaboration. C. allocation of scarce raw materials. D. All the above

Last Answer : D. All the above.

A new venture's business plan is important because ______. A. It helps to persuade others to commit funding to the venture. B. Can help demonstrate the viability of the venture. C. Provides a guide for business activities by defining objectives. D. All the above.

Description : A new venture's business plan is important because ______. A. It helps to persuade others to commit funding to the venture. B. Can help demonstrate the viability of the venture. C. Provides a guide for business activities by defining objectives. D. All the above.

Last Answer : D. All the above.

A provisional SSI registration certificate is valid for a period of __________. A. four Years. B. three Years. C. two Years. D. one year.

Description : A provisional SSI registration certificate is valid for a period of __________. A. four Years. B. three Years. C. two Years. D. one year.

Last Answer : D. one year.

A person owning and running a small firm, is known as________. A. A manager-owner. B. An owner-manager. C. A professional adapter. D. An enterprise worker

Description : A person owning and running a small firm, is known as________. A. A manager-owner. B. An owner-manager. C. A professional adapter. D. An enterprise worker

Last Answer : B. An owner-manager An owner-manager is a person who owns and runs a small firm, such as a small business or a family-owned enterprise. This person is responsible for the overall management ... works in a company and a professional adapter is someone who can adapt to different roles and situations.

Memorandum of association of a firm contains _______. A. rules regarding the internal management of the company. B. rules regarding the constitution and activities of the company. C. rules regarding the external management. D. rules regarding the constitution.

Description : Memorandum of association of a firm contains _______. A. rules regarding the internal management of the company. B. rules regarding the constitution and activities of the company. C. rules regarding the external management. D. rules regarding the constitution.

Last Answer : B. rules regarding the constitution and activities of the company.

Someone legally appointed to resolve the financial difficulties of an insolvent firm is called____________. A. an administrator. B. a predator. C. an auditor. D. a turnaround consultant.

Description : Someone legally appointed to resolve the financial difficulties of an insolvent firm is called____________. A. an administrator. B. a predator. C. an auditor. D. a turnaround consultant.

Last Answer : A. an administrator.

What is the definition of small businesses in USA?

Description : What is the definition of small businesses in USA?

Last Answer : I’ve always heard it was under 100 employees.

What is the definition of small businesses in USA?

Description : What is the definition of small businesses in USA?

Last Answer : I’ve always heard it was under 100 employees.

Which of the following factors does the macro-environment not include? A. political and regulatory factors. B. customer needs in a given market. C. social and demographic factors. D. technological changes.

Description : Which of the following factors does the macro-environment not include? A. political and regulatory factors. B. customer needs in a given market. C. social and demographic factors. D. technological changes.

Last Answer : B. customer needs in a given market.

Which of the following statements is false? A. Market segmentation is a useful process for small businesses to undertake. B. Selling is essentially a matching process. C. A benefit is the value of a product feature to a customer. D. It is a good idea for small businesses to compete solely on price.

Description : Which of the following statements is false? A. Market segmentation is a useful process for small businesses to undertake. B. Selling is essentially a matching process. C. A benefit is the value of a product feature to a customer. D. It is a good idea for small businesses to compete solely on price.

Last Answer : D. It is a good idea for small businesses to compete solely on price.

What`s your opinion on Craigslist`s business model? Would you maximize profits?

Description : What`s your opinion on Craigslist`s business model? Would you maximize profits?

Last Answer : I don't think you can compare EBay or Amazon to Craigslist .Isn't Craigslist purpose selling cheap used local items? How many people would pay to sell a $5 DVD or $10 Stereo? not me Here it's free to ... fee . Changing that would be a bad idea a lot of people would stop using it if they had to pay

The charter of a company is its ______. A. prospectus. B. statement lieu of prospectus. C. memorandum of association. D. articles of association.

Description : The charter of a company is its ______. A. prospectus. B. statement lieu of prospectus. C. memorandum of association. D. articles of association.

Last Answer : A. prospectus.

The term Capitalization is used in relation to ______. A. sole-proprietorship. B. Partnership. C. joint stock companies. D. co-operative societies

Description : The term Capitalization is used in relation to ______. A. sole-proprietorship. B. Partnership. C. joint stock companies. D. co-operative societies

Last Answer : C. joint stock companies.

The wheel of retailing hypothesis suggests that: A)retailers tend to provide more limited services to customers as the business ages. B)new retailers enter the market with low prices, low profit margins and low status but eventually trade up. C)as retail firms' profits increase, the service they provide to customers increases but the cost of doing business decreases. D)a retail firm must grow to compete with other retail firms on an equal basis.

Description : The wheel of retailing hypothesis suggests that: A)retailers tend to provide more limited services to customers as the business ages. B)new retailers enter the market with low prices, low profit margins ... decreases. D)a retail firm must grow to compete with other retail firms on an equal basis.

Last Answer : B)new retailers enter the market with low prices, low profit margins and low status but eventually trade up.

________ set up for the purpose of financing, facilitating, and promoting foreign trade of India. A. Repco bank B. SBI C. EXIM bank D. HDFC

Description : ________ set up for the purpose of financing, facilitating, and promoting foreign trade of India. A. Repco bank B. SBI C. EXIM bank D. HDFC

Last Answer : C. EXIM bank

The purpose of soft loan scheme is to encourage units to undertake ___________. A. modernization of plant and machinery. B. replacement of plant and machinery. C. renovation of plant and machinery. D. all the above

Description : The purpose of soft loan scheme is to encourage units to undertake ___________. A. modernization of plant and machinery. B. replacement of plant and machinery. C. renovation of plant and machinery. D. all the above

Last Answer : D. all the above

__________________ is the systematic development of a project idea for the eventual purpose of arriving at an investment decision. A. Project identification. B. Project formulation. C. Project feasibility. D. Project evaluation.

Description : __________________ is the systematic development of a project idea for the eventual purpose of arriving at an investment decision. A. Project identification. B. Project formulation. C. Project feasibility. D. Project evaluation.

Last Answer : B. Project formulation.

Which are the best TV shows to learn business?

Description : Which are the best TV shows to learn business?

Last Answer : I’m sure there are videos on You Tube that are instructive. I don’t know of any television shows but watching news shows Like Washington Week in Review could make you aware of general trends.

Questions about starting a business?

Description : Questions about starting a business?

Last Answer : answer:Starting a business unfortunately isn't as easy as just having the idea and finding someone to make it happen. It's going to take talent, money, and a lot of time. You need to be able ... exact, then go get the skills and revisit it when you need motivation to continue learning. Good luck.

Can anyone recommend a bank in Texas for my small business?

Description : Can anyone recommend a bank in Texas for my small business?

Last Answer : answer:Credit unions and smaller banks may give you a better deal - they often pay more interest on deposits, they charge less interest on loans and they aren't nickel and diming people on ... - Compare rates to banks Credit Union Lookup - Find a Credit Union Independent Community Bankers of America

Wouldn't learning entrepreneurship, and how to be an effective capitalist, be better for students with the changing flow of business?

Description : Wouldn't learning entrepreneurship, and how to be an effective capitalist, be better for students with the changing flow of business?

Last Answer : If you are going to offer up some of the most successful college dropouts in history as your examples how do you propose we teach that? Steve Jobs is one of the drop outs of which the college I ... issues with that, but how do you teach it, how do you teach being a massively successful drop-out?

Are there grants available for buying a business?

Description : Are there grants available for buying a business?

Last Answer : Have you contacted the local SBA? It would seem to be to everyone’s advantage that you conclude this deal, if it is as you describe.

From the following which one is not classification of entrepreneurs according to the types of business? a) Wholesale trade b) Retail trade c) Exporter d) Rural entrepreneur

Description : From the following which one is not classification of entrepreneurs according to the types of business? a) Wholesale trade b) Retail trade c) Exporter d) Rural entrepreneur

Last Answer : d) Rural entrepreneur

We need to update the business plan becausea) Environmental factors and internal factors can change the direction of the plan b) Goals set by the entrepreneurs may be unreasonable c) Goals may not be measurable d) Goals may not be specific

Description : We need to update the business plan becausea) Environmental factors and internal factors can change the direction of the plan b) Goals set by the entrepreneurs may be unreasonable c) Goals may not be measurable d) Goals may not be specific

Last Answer : a) Environmental factors and internal factors can change the direction of the plan

The activity which occurs when the new venture is started is called - a) Motivation b) Business skills c) Departure point d) Goal orientation

Description : The activity which occurs when the new venture is started is called - a) Motivation b) Business skills c) Departure point d) Goal orientation

Last Answer : c) Departure point

……………….. Shows the process of creating something new. a) Innovation b) Business model c) Modeling d) Creative flexibility

Description : ……………….. Shows the process of creating something new. a) Innovation b) Business model c) Modeling d) Creative flexibility

Last Answer : a) Innovation

An entrepreneurship primary motivation for starting a business isa) To make money b) To be independent c) To be famous d) To be powerful

Description : An entrepreneurship primary motivation for starting a business isa) To make money b) To be independent c) To be famous d) To be powerful

Last Answer : b) To be independent

Project management is ideally suited for a business environment requiring all of the following except _________. A. Flexibility B. Innovation C. speed D. Repetability

Description : Project management is ideally suited for a business environment requiring all of the following except _________. A. Flexibility B. Innovation C. speed D. Repetability

Last Answer : A. Flexibility

Entrepreneurship can best be described as _________. A. a process that requires setting up a business. B. taking a significant risk in a business context. C. having a strong vision. D. a process involving innovation, new products or services, and value creation.

Description : Entrepreneurship can best be described as _________. A. a process that requires setting up a business. B. taking a significant risk in a business context. C. having a strong vision. D. a process involving innovation, new products or services, and value creation.

Last Answer : D. a process involving innovation, new products or services, and value creation.

An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information? A. Supplier. B. Retailer. C. Competition. D. Government bureau.

Description : An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information? A. Supplier. B. Retailer. C. Competition. D. Government bureau.

Last Answer : B. Retailer.

The Markets and Competitors section of a business plan should contain ____________. A. A statement of the target market. B. The size of each market segment. C. The key characteristics of buyers in each business segment. D. All the above.

Description : The Markets and Competitors section of a business plan should contain ____________. A. A statement of the target market. B. The size of each market segment. C. The key characteristics of buyers in each business segment. D. All the above.

Last Answer : a

One of the disadvantages of a franchise business for a franchisee is ________. A. Lack of independence. B. Franchise businesses typically have a high failure rate. C. Lack of brand identity. D. Training is not normally provided by the franchisor.

Description : One of the disadvantages of a franchise business for a franchisee is ________. A. Lack of independence. B. Franchise businesses typically have a high failure rate. C. Lack of brand identity. D. Training is not normally provided by the franchisor.

Last Answer : A. Lack of independence.

The UK government has implemented a number of policies to encourage Entrepreneurship in schools. One such initiative is _________. A. Young Enterprise. B. Youth venture. C. Young Business. D. Young Initiative.

Description : The UK government has implemented a number of policies to encourage Entrepreneurship in schools. One such initiative is _________. A. Young Enterprise. B. Youth venture. C. Young Business. D. Young Initiative.

Last Answer : A. Young Enterprise.

O & M refers to ____________ A. overall efficiency of business. B. efficiency of office and administrative work. C. office work measurement. D. office and management study.

Description : O & M refers to ____________ A. overall efficiency of business. B. efficiency of office and administrative work. C. office work measurement. D. office and management study.

Last Answer : D. office and management study.