100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Apex Intro to Business 3.3.5 Questions and Answers Graded A+ $8.99   Add to cart

Exam (elaborations)

Apex Intro to Business 3.3.5 Questions and Answers Graded A+

 0 view  0 purchase
  • Course
  • Apex Intro to Business 3.3.5
  • Institution
  • Apex Intro To Business 3.3.5

Apex Intro to Business 3.3.5 Questions and Answers Graded A+ What is the primary goal of a business? To generate profit while satisfying customer needs What does the term "entrepreneurship" refer to? The process of starting and managing a new business venture What is a common advantag...

[Show more]

Preview 2 out of 5  pages

  • October 31, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Apex Intro to Business 3.3.5
  • Apex Intro to Business 3.3.5
avatar-seller
StellarScores
Apex Intro to Business 3.3.5 Questions
and Answers Graded A+

What is the primary goal of a business?


✔✔To generate profit while satisfying customer needs




What does the term "entrepreneurship" refer to?


✔✔The process of starting and managing a new business venture




What is a common advantage of forming a corporation?


✔✔Limited liability protection for owners and shareholders




What does "market research" involve?


✔✔Gathering and analyzing information about consumers' needs and preferences




What is the role of a business plan?


✔✔To outline the goals, strategies, and financial projections of a business




1

, What is the difference between goods and services?


✔✔Goods are tangible products, while services are intangible activities provided to customers




What is "supply and demand"?


✔✔The economic principle that describes the relationship between the quantity of a product

available and the desire for that product




What does "target market" mean?


✔✔A specific group of consumers that a business aims to reach with its products or services




What is the importance of branding for a business?


✔✔Branding helps differentiate a business from its competitors and builds customer loyalty




What is a SWOT analysis?


✔✔A strategic planning tool that assesses strengths, weaknesses, opportunities, and threats




What is the concept of "customer satisfaction"?


✔✔The measure of how well a product or service meets customer expectations

2

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller StellarScores. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $8.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

84146 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$8.99
  • (0)
  Add to cart