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Transcript

QUIZ

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TRIVIAL

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QUESTION 1/4

Question 1/4

Explanation

A smartphone is a product because it is a physical item that you can touch, hold, and use. Products are things that are made, sold, and owned by people. When you buy a smartphone, you’re purchasing a tangible object that you can keep and use as long as you want.

QUESTION 2/4

QUESTION 2/4

Explanation

A business is an organisation that sells products and/or services with the goal of making a profit. It can be anything from a small shop to a large company. Businesses create or offer things that people need or want.

QUESTION 3/4

QUESTION 3/4

Explanation

Streaming music is a service. When you stream music, you're accessing a service provided by a company that allows you to listen to songs over the internet. Unlike a product, which is something you can physically own, a service is an experience or activity provided to you.

QUESTION 4/4

QUESTION 4/4

Explanation

The purpose statement captures the main reason why the business exists and guides decision-making. It is usually brief, helping to align everyone within the organisation toward a common goal.

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