Module 1

Question 1

What is business

Answer 1

Process in which producing and selling goods and services using employees. The money comes in in which company’s spend it on products for customers and clients and hopefully make a profit

Question 2

4 benefits of studying business

Answer 2

Choose a career, possibly improve your career, your better informed consumer and investor and an influential community member

Question 3

What is choose a career

Answer 3

You evaluate different industries, different sizes, types employees and starting own business

Question 4

How can it improve your career

Answer 4

Employees can become managers. Also improve management skills, interpersonal, analytical, technical and conceptual skills.

Question 5

What is a better informed consumer and investor

Answer 5

Understand how businesses create and market products

Question 6

Marketing and sales

Answer 6

Market and sell products that customers want

Question 7

Accounting and finance

Answer 7

Keep track of money

Question 8

Production and operating

Answer 8

Create goods and deliver services customers want

Question 9

Human Resources

Answer 9

Help recruit, train and develop company’s most valuable resource which is people

Question 10

Research and development

Answer 10

Research new ideas for products, technologies and services