PLZZZ HELPPP WILL RATE!!

#1 Learning business finance cannot assist individuals in achieving personal goals, such as buying a home or starting a family, by providing knowledge in financial planning, budgeting, and investment strategies. Learning business finance cannot assist individuals in achieving personal goals, such as buying a home or starting a family, by providing knowledge in financial planning, budgeting, and investment strategies.

True False

#2 Established companies cannot use business finance to foster innovation by using financial analysis and risk management to assess potential ventures and allocate resources effectively.

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False

#3 Which financial concept can help individuals make sound investment decisions in the stock market?

Which financial concept can help individuals make sound investment decisions in the stock market?

A) Insider trading

B) Risk management

C) Risk attraction

D) Profit mitigation techniques

#4 Failing to manage financial risks within a business can lead to financial distress and instability due to uncontrolled exposure to various financial risks.

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False

#5 How can understanding finance help a business identify potential risks associated with its operations?

A) By ignoring all potential risks

B) By avoiding any consideration of risks

C) By taking on as many risks as possible

D) By proactively assessing and analyzing financial risks

#6 Understanding finance is not important for strategic planning and sustainable growth in business. It delays activities like setting clear goals, allocating resources efficiently, and planning for the long term.

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False

#7 If a marketing manager lacks finance expertise when allocating the annual marketing budget, it will not result in struggles in determining the optimal allocation, evaluating ROI, and assessing the budget's impact on profitability.

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False

#8 Finance knowledge limits the effectiveness of marketing efforts and career growth for a marketing manager by driving them to analyze data, calculate ROI, and make strategic decisions regarding budget allocation.

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False

#9 Budgeting carefully and not overspending can have consequences such as accumulating debt, missing opportunities to save, and experiencing financial stress.

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False

#10 Diversifying investments is important because it minimizes risk by spreading investments across different asset classes, reducing the impact of poor performance in a single investment.

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False