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3 6 . What is the term for the practice of reducing waste and conserving resources in business operations? a ) Sustainability b ) Profit

36. What is the term for the practice of reducing waste and conserving resources in business operations?
a) Sustainability
b) Profit maximization
c) Cost cutting
d) Asset management
37. Which type of contract involves an agreement between two parties to exchange goods or services at a future date at a predetermined price?
a) Purchase order
b) Lease agreement
c) Futures contract
d) Memorandum of understanding (MOU)
38. What is the term for the process of identifying and attracting potential job candidates for an organization?
a) Recruitment
b) Selection
c) Onboarding
d) Training
39. Which financial metric measures a company's ability to generate profit from its equity?
a) Return on Investment (ROI)
b) Return on Equity (ROE)
c) Earnings before Interest and Taxes (EBIT)
d) Gross Margin
40. What is the term for the practice of outsourcing non-core functions or processes to third-party service providers?
a) Insourcing
b) Offshoring
c) Outsourcing
d) Offloading

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