Question: What is a database?
Answer: A database is an organized collection of data, generally stored and accessed
electronically from a computer system.
Question: What are indirect costs?
Answer: Indirect costs are expenses that are not directly traceable to a specific product or
service but are necessary for the general operation of the business, such as utilities and rent.
Question: What is risk management?
Answer: Risk management involves identifying, assessing, and prioritizing risks, followed by
coordinated efforts to minimize, monitor, and control the impact of unfortunate events.
Question: What is performance appraisal?
Answer: Performance appraisal is the systematic evaluation of an employee's job performance
and productivity, typically conducted by their supervisor or manager.
Question: What is consumer behavior?
Answer: Consumer behavior is the study of how individuals make decisions to spend their
available resources on consumption-related items, including the psychological processes that
influence these decisions.
Question: What is a Balance Sheet?
Answer: A Balance Sheet is a financial statement that reports a company's assets, liabilities, and
shareholders' equity at a specific point in time.
Question: What is the role of a marketing manager?
Answer: A marketing manager plans, directs, and coordinates marketing efforts, developing
