BSEnt_3

It refers to all profit-seeking activities and enterprises that provide goods and services necessary to an economic system.

• Entrepreneurship

• Business

• Networking

• Profit

Goods produced are intended for ultimate consumptions

• Consumption Goods

• Tangible Goods

• Producer's Good

• Consumer Goods

The business managers aims to maintain and achieve the following except.

• creation and distribution of a product or service

• protection and enhancement of the human and physical resources of society

• to do work that is enjoyable

• satisfaction of personal objectives

Which of the following is NOT part of the direct elements of external environment?

• Kilusang Mayo Uno

• consumers

• bank

• technology

Soda vs. coffee is Direct competition.

• True

• False

• None

Oligopoly is one of the market structures that has almost 90% shares in the market.

• True

• False

• None of the above

This is one of the variables that refers to the tools and ideas that may be used by an organization to pursue its goals.

• Economic Variables

• International Variables

• Technological Variables

• Socio-Cultural Variables

This is the classification of services business such as hotels, barber shops, and the like.

• Personal

• Recreation

• Finance

• None of the above

Extractive Industry is classification of industry business that involved in agriculture, forestry, and fish culture.

• True

• False

• Not sure

This may be defined as a lack of complete information regarding what exists and what developments may occur.

• Environment

• Certain Environment

• Environmental Uncertainty

• Political-Legal Variables