Business activity exists to produce:
Consumer goods
Producer goods
Capital goods
Service goods
The ownership of companies is divided into small units called:
Shares
Dividends
Profit
Debentures
How many objectives are there for a social enterprise?
Two
Three
Four
Five
Industrialisation is the term used to describe the growing importance of the:
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
Which of the following are the physical goods used by industry to aid in the production of other goods and services?
Industrial goods
In order to see results, entrepreneurs must be willing to take:
Risk
Motivation
Planning
Obligation
Who has an idea for a new business?
Producer
Consumer
Entrepreneur
Creditor
A business with mainly social objectives that reinvest most of its profits into benefiting society rather than maximizing returns to owners, is termed:
Business enterprise
Economic enterprise
Social enterprise
Cultural enterprise
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
Which of the following is one of the key objectives of all business?
Added value
Competition
Both 1 & 2
Service
