Which of the Following Is the Most Important Question You

question 153

Multiple Choice

Which of the following is the most important question you need to ask yourself when you're thinking about starting a business?

• A)Can I manage a business by myself
• B)What will customers want to buy
• C)Do I want to buy an existing business
• D)Where will the startup funds come from

---

Definitions:

Net Income

The total profit of a company after all expenses and taxes have been deducted from total revenues.

Income From Operations

Earnings generated from a company's regular business activities, excluding revenues and expenses from non-operating activities.

Sales

The total revenue generated from goods or services sold by a company during a specific period, indicating the primary source of business income.

Cost Of Goods Sold

Direct spending on materials and labor required to produce the merchandise a company sells.