Every Business Enterprise Has a Distinct Purpose,however,common to All Businesses

question 20

Multiple Choice

Every business enterprise has a distinct purpose,however,common to all businesses is the goal of:

• A)Satisfying customers
• B)Creating value
• C)Satisfying stakeholders
• D)Maximizing shareholder value.

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Definitions:

Average Education

The mean level of formal schooling completed by a population, often used as an indicator of human capital in economic studies.

Productivity Of Workers

A measurement of the efficiency and effectiveness of labor in producing goods and services, often quantified as output per worker.

Employment Opportunities

Employment opportunities refer to the availability of jobs and positions for individuals in the labor market, influenced by economic conditions, industry growth, and organizational needs.

Mercantilism Policy

It's an economic theory and practice where government regulation of a nation's economy is used to augment state power at the expense of rival national powers, emphasizing exports and discouraging imports.