The starting and managing of a successful business and aiding in the development of useful skills is termed as:

The ownership of companies is divided into small units called:

Who decides on the business idea or opportunity?

Industrialisation is the term used to describe the growing importance of the:

The entrepreneur may avoid the cost of:

Which of the following are the physical goods used by industry to aid in the production of other goods and services?

Business activity exists to produce:

The value added by the business, other costs have to be paid, such as labour and rent value added is not the same as:

Which of the following is always a problem for new enterprises?

Any increase in output of goods or services from a start up business will increase the gross domestic product of the country. This is termed as: