Lesson 1 PreQuiz

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Please answer the following questions. This assignment will count towards your participation grade. The purpose of this assignment is to assess your prior knowledge of business.

Name:

What is the purpose of business?

fulfill the needs and wants of consumers.
increase competition in the maketplace2
ensures the entire organization meets goals and obligations
satisfy the needs and wants of consumers through exchange

Select ALL of the functions of business. Choose all that apply.

Marketing
Management
Accounting
Economics
Entrepreneurship
Operations
Human Resources
Information Technology

Please list any questions that you would like to learn about (Economic Systems).