4(E)

Question 1

Owner

Answer 1

Owners are individuals who establish, invest, and have a share in a business, often with the goal of earning a profit from its operations.

Question 2

Managers

Answer 2

Managers are individuals who oversee and coordinate a business’s employees and lead its operations to achieve the business’s objectives.

Question 3

Employees

Answer 3

Employees are individuals who are hired by a business to complete work tasks and support the achievement of its objectives.

Question 4

Pursuit of profit

Answer 4

Profit is total revenue earned minus total expenses incurred

Question 5

Driving forces(1)

Answer 5

• owners
• managers
• employees
• pursuit of profit
• reduction of cost