1. What is the main objective of financial management?
2. Which of the following is the primary objective of business?
3. Which of the following is a characteristic of a sole proprietorship?
4. Which of the following is a characteristic of an effective leader?
5. Which pricing strategy involves setting a high price initially and then gradually lowering it over time?
6. Which of the following is not a feature of a public limited company?
7. Which type of partnership allows partners to have limited liability?
8. Which of the following is a primary function of marketing?
9. Which form of business ownership is most suitable for raising large amounts of capital?
10. Which of the following is considered as a formal source of business finance?
11. Which of the following is not a function of management?
12. Which of the following is not a part of the communication process?