The ownership of companies is divided into small units called:
Shares
Dividends
Profits
Debentures
Business have many other needs before they can successfully produce the goods and services demanded by:
Producers
Consumers
Labourers
Debtors
What are the factors of production?
Land, labour and enterprise
Land and capital
Land, capital and enterprise
Land, labour, capital and enterprise
Which of the following is always a problem for new enterprises?
Motivation
Planning
Competition
Commitment
In order to see results, entrepreneurs must be willing to take:
Risk
Obligation
Business activity exists to produce:
Consumer goods
Producer goods
Capital goods
Service goods
Industrialisation is the term used to describe the growing importance of the:
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
Who has an idea for a new business?
Producer
Consumer
Entrepreneur
Creditor
The starting and managing of a successful business and aiding in the development of useful skills is termed as:
Economic development
Economic growth
Personal development
Global development
The long term strength of the business will depend on:
Encouraging customers to return to purchase products
Lack of sufficient own finance
Lack of awareness of the financial support
Small budget market research
