Which of the following business activity include firms that manufacture and process products from natural resources?
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
Which of the following is a company that owns other companies outstanding stock?
Holding company
Merging company
Opportunity company
Supplier company
All sole traders have:
Limited liability
Unlimited liability
Both 1 & 2
Risk liability
Business activities are classified into:
Two
Three
Four
Five
In which of the following economy, economic resources are owned, planned and controlled by the state?
Free market economy
Command economy
Mixed economy
Capitalist economy
Which business activity includes firms that provide services to consumers and other business?
Which of the following is a group of individuals who carries business together?
Sole trader
Partnership
Shareholder
Entrepreneurship
Which of the following is a business enterprise owned and controlled by the State?
Public corporation
Public cooperatives
Public administration
Joint ventures
Private sector
Public sector
Cooperative sector
Which of the following refers to the increasing freedom of movement of goods, capital and people around the world?
Globalisation
Industrialisation
Protectionism
