Question

A business may decide to pay employee salaries every week, every two weeks, twice a month, or once a monthTrue Or False

Answer 1

True

A business owner may decide to pay employees weekly, fortnightly, twice a month, or once a month. All of this depends on the employee contract with the company.

Business is a human activity that aims to make money by producing and selling a product, be it goods or services. The business concept is the fundamental idea behind a business. Based on this concept, entrepreneurs can develop business models, business plans, and the vision and mission of the business.

In general, in a business concept there are several main components, namely:

• Core Strategy, namely the vision and mission of a business which includes the ideal things that are expected from the business.
• Strategic Resources (Strategic Resources), namely all related to key competencies, core processes, and strategic assets.

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