Which of the following uses barriers to free trade to protect a country's own domestic industries?
Globalisation
Protectionism
Quotas
Liberalisation
Shareholders are the:
Debtors
Creditors
Owners
Suppliers of the business
Which of the following is a company that owns other companies outstanding stock?
Holding company
Merging company
Opportunity company
Supplier company
In a which of the following economy, economic resources are owned and controlled by both private and public sectors?
Capitalist economy
Socialist economy
Mixed economy
All of the above
All shareholders benefit from the advantage of:
Limited liability
Unlimited liability
Both 1 & 2
Risk
Which of the following business activity include firms that manufacture and process products from natural resources?
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
Industrialisation is the term used to describe the growing importance of the:
Which of the following business activity is engaged in farming, fishing and oil extraction?
Which of the following is the most common forms of business organisation?
Sole trader
Producer
Shareholder
Share holder
Debenture holder