question What is the primary goal of risk management in commerce

What is the primary purpose of the Federal Reserve System (the Fed) in the United States?

A. Regulating international trade
B. Managing fiscal policy
C. Controlling inflation
D. Conducting monetary policy and ensuring financial stability

What is the purpose of market research in commerce?

A. Financial reporting
B. Assessing consumer needs and preferences
C. Human resource management
D. Product pricing

What is the primary goal of the Central Economic Planning Authority in a command economy?

A. Encouraging competition
B. Maximizing profits for businesses
C. Planning and controlling economic activities
D. Promoting consumer rights

What is the role of finance in commerce?

A. Production planning
B. Money management and financial decision-making
C. Advertising
D. Quality control

Which aspect of commerce focuses on efficient resource utilization and production processes?

A. Marketing
B. Accounting
C. Finance
D. Management

In commerce, what does the term "capital budgeting" refer to?

A. Managing government expenditure
B. Evaluating and selecting long-term investment projects
C. Market analysis
D. Consumer behavior

What is the primary goal of risk management in commerce?

A. Maximizing profits
B. Minimizing uncertainty and potential losses
C. Expanding market share
D. Increasing production efficiency

In commerce, what is economics primarily concerned with?

A. Financial transactions
B. Production and distribution of goods and services
C. Marketing strategies
D. Human resource management

In commerce, what does the term "supply chain" refer to?

A. Financial transactions
B. Flow of goods and services from production to consumption
C. Marketing strategies
D. Organizational structure

Which entity regulates commerce and ensures fair business practices in many countries?

A. International Monetary Fund (IMF)
B. World Health Organization (WHO)
C. World Trade Organization (WTO)
D. United Nations (UN)