Answer:
business
Explanation:
A business organization is any organization established to carry on a commercial enterprise. Their main and ultimate goal, and reason for their existence is to make a profit. The larger the profit a business makes, the better. Businesses are classified into:
- Sole proprietorships
- Partnerships
- Corporations
Answer:
I. It helps users to be better informed, so they can evaluate the risks and returns of different business decisions.
II. It collects and processes data from transactions and events.
III. It organizes financial information into useful reports.
IV. It communicates financial information to decision makers.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
The fundamental functions of an accounting system includes;
I. It helps users to be better informed, so they can evaluate the risks and returns of different business decisions.
II. It collects and processes data from transactions and events.
III. It organizes financial information into useful reports.
IV. It communicates financial information to decision makers.
Answer:
Here the correct option is (d) identified a problem or frustration; identified an opportunity or need.
Explanation:
Identified a problem or frustration; identified an opportunity or need. Airbnb began when Gebbia and Chesky identified a drag or frustration; the corporate grew because it identified a chance or need. that they had a drag of not having enough money to pay the rent, and that they identified a chance or need in letting strangers live there which they will afford, unlike an upscale bedroom.
Answer:
Defination-
A business objective is a result that a company aims to achieve.
10 Most Important Business Objectives
1. Getting and Staying Profitable
2. Productivity of People and Resources
3. Excellent Customer Service
4. Employee Attraction and Retention
5. Mission-driven Core Values
6. Sustainable Growth
7. Maintaining a Healthy Cash Flow
8. Dealing with Change
9. Reaching the Right Customers
10. Staying Ahead of the Competition
