Which software program can be used to generate financial reports from a company's client list?
MS Word
Database
MS Excel
Adobe
Correct answer is C
MS Excel uses a collection of cells arranged into rows and columns to organize and manipulate financial or arithmetic data. It is typically used to organize data and perform financial analysis. It is used across all business functions and at companies from small to large.
memory unit
central processing unit
control unit
system unit
Correct answer is B
A central processing unit (CPU) is the electronic circuitry within a computer that carries out the instructions of a computer program by performing the basic arithmetic, logical, control and input/output (I/O) operations specified by the instructions.
Which of the following is a form of social responsibility of a business?
Selling goods at cheaper prices
Using the best technology available
Maintaining tidy and safe environment
Meeting contractor's obligations
Correct answer is C
Social responsibility in business means that businesses should act in a manner that benefits society, by adopting policies that promote the well-being of society and the environment while lessening negative impacts on them.
A factor in a business environment which increases the rate of product obsolescence is?
technology
political
legal
economic
Correct answer is A
In business, technology provides a faster, more convenient, and more efficient way of performing business transactions. With this, old products and services become outdated and obsolete to meet demand when the firms do not upgrade to emerging technologies.
The practice whereby government relinquishes its ownership interest in a public enterprises is?
commercialization
indegenization
privatization
nationalization
Correct answer is C
Privatization occurs when a government-owned business, operation, or property becomes owned by a private, non-government party.