1. What is entrepreneurship primarily concerned with?a) Maximizing profitsb) Managing existing businessesc) Identifying and exploiting opportunitiesd) Maintaining stability Answer: c) Identifying and exploiting opportunitiesExplanation: Entrepreneurship … Read more
1. Which of the following factors are directly influenced by productivity? a) Standard of livingb) Happinessc) Quality of goodsd) All of the above Answer: d) … Read more
1. What is the core concept of marketing that involves identifying human needs and wants and satisfying them through exchange? a) Promotionb) Demandc) Need wantd) … Read more
1. What is the importance of management?a) It ensures organizational goals are achievedb) It improves efficiency and effectivenessc) It enhances employee moraled) All of the … Read more
1. What is a key characteristic of a closed system? a) It interacts with its environmentb) It exchanges matter and energy with its surroundingsc) It … Read more
1. What is the primary purpose of thermal insulation in industrial heating systems?a) To reduce the risk of fire hazardsb) To prevent heat loss and … Read more
1. What is the primary purpose of Monitoring and Targeting in energy management?a) To increase energy consumptionb) To reduce energy consumptionc) To ignore energy usage … Read more
1. Which aspect does a material energy balance primarily focus on? a) Only material flowsb) Only energy flowsc) Both material and energy flowsd) Neither material … Read more
1. What is the definition of an energy audit? a) A financial analysis of energy expendituresb) A systematic process to assess and analyze energy consumptionc) … Read more
1. What is the primary goal of energy management? a) Maximizing energy consumptionb) Minimizing energy efficiencyc) Optimizing energy usaged) Ignoring energy conservation Answer: c) Optimizing … Read more