The primary purpose of business is to earn a profit. Is the field of business intrinsically motivated or extrinsically motivated?
What will be an ideal response?
Answer: Profit is an external reward, so business is extrinsically motivated.
Explanation: Because profit is an external reward, by its core definition, the field of business is extrinsically motivated.
Business
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Which of the following risk classifications charges the lowest premium?
A) Preferred B) Standard C) Level D) Substandard
Business
If cluster analysis is used as a general data reduction tool, subsequent multivariate analysis can be conducted on the clusters rather than on the individual observations
Indicate whether the statement is true or false
Business