1. What is the primary purpose of a business plan? a) To entertain clients b) To outline a company's goals c) To increase social media followers d) To hire new employees 2. Which of the following is a common financial statement? a) Marketing plan b) Balance sheet c) Sales strategy d) Customer feedback 3. The term "stakeholder"refers to: a) A person who invests in stocks b) Anyone with an interest in a company's performance c) A company that provides loans d) A government official 4. In marketing, "target audience" means: a) The group of people who dislike your product b) The specific group of consumers aimed at by a marketing campaign c) All customers in the market d) Competitors in the same industry 5. Which of the following is NOT a type of market research? a) Surveys b) Focus groups c) Financial audits d) Interviews 6. What does "ROI"stand for? a) Return on Investment b) Rate of Interest c) Return on Income d) Revenue of Investment 7. A "merger" is when: a) One company buys another b) Two companies combine to form one c) A company sells its assets d) A company goes bankrupt

Question

1. What is the primary purpose of a business plan? a) To entertain clients b) To outline a company's goals c) To increase social media followers d) To hire new employees 2. Which of the following is a common financial statement? a) Marketing plan b) Balance sheet c) Sales strategy d) Customer feedback 3. The term "stakeholder"refers to: a) A person who invests in stocks b) Anyone with an interest in a company's performance c) A company that provides loans d) A government official 4. In marketing, "target audience" means: a) The group of people who dislike your product b) The specific group of consumers aimed at by a marketing campaign c) All customers in the market d) Competitors in the same industry 5. Which of the following is NOT a type of market research? a) Surveys b) Focus groups c) Financial audits d) Interviews 6. What does "ROI"stand for? a) Return on Investment b) Rate of Interest c) Return on Income d) Revenue of Investment 7. A "merger" is when: a) One company buys another b) Two companies combine to form one c) A company sells its assets d) A company goes bankrupt

Answer 1

1. b) To outline a company's goals2. b) Balance sheet3. b) Anyone with an interest in a company's performance4. b) The specific group of consumers aimed at by a marketing campaign5. c) Financial audits6. a) Return on Investment7. b) Two companies combine to form one

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