1-1 What is Business?

Which of the following statements is true regarding the 6Cs of business?

• They encompass both for-profit and non-profit organizations.
• They are only relevant to marketing.
• They only apply to for-profit organizations.
• They are outdated concepts.

What is the definition of business as described in the reading?

• A non-profit organization only
• A government entity
• A for-profit organization only
• An organization involved in commerce

What is the primary focus of the 'Contemplate' function in the 6Cs of business?

• Operations
• Marketing
• Strategy
• Information Management

Which of the following best describes the function associated with 'Cultivate' in the 6Cs of business?

• Operations
• Human Resources
• Finance/Accounting
• Marketing

In the context of the 6Cs, which function is related to the management of data and information?

• Calculate
• Connect
• Compile
• Control

What function does 'Connect' represent in the 6Cs of business?

• Information Management
• Finance/Accounting
• Human Resources
• Marketing

Which of the following functions is linked to 'Calculate' in the 6Cs of business?

• Finance/Accounting
• Operations
• Strategy
• Human Resources

Which business function is associated with 'Control' in the 6Cs framework?

• Marketing
• Human Resources
• Operations
• Finance/Accounting

What role does Information Management play in the 6Cs of business?

• It is associated with marketing strategies.
• It is linked to the function 'Compile'.
• It focuses on financial transactions.
• It is part of human resources.

Which of the following best describes the relationship between the 6Cs and business functions?

• Only some Cs are relevant to business functions.
• The 6Cs replace traditional business functions.
• Each C corresponds to a specific business function.
• They are unrelated concepts.