Which of the given words are related to the domain of business?Question 7Answera. Merchandising, microenterprise, syndicateb.biodiversity, sale, organizationc.Balance sheet, assets, biodiversityd.Habitat, horse-trading, retailing
Question
Which of the given words are related to the domain of business?Question 7Answera. Merchandising, microenterprise, syndicateb.biodiversity, sale, organizationc.Balance sheet, assets, biodiversityd.Habitat, horse-trading, retailing
Solution
The words related to the domain of business in each option are:
a. Merchandising, microenterprise, syndicate These words are all related to business. Merchandising refers to the promotion of goods for retail sale. A microenterprise is a small business. A syndicate is a group of individuals or organizations combined to promote a common interest, in business this is often seen in investment and finance.
b. sale, organization Sale is a transaction between two parties where the buyer receives goods or services in exchange for money. An organization can refer to a company or business.
c. Balance sheet, assets A balance sheet is a financial statement that reports a company's assets, liabilities, and shareholders' equity. Assets are resources owned by a company.
d. horse-trading, retailing Horse-trading, in a business context, refers to negotiation accompanied by bargaining and compromise. Retailing involves the sale of goods or services to consumers.
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