The value added by the business, other costs have to be paid, such as labour and rent value added is not the same as:
Profit
Loss
Both 1 & 2
How many objectives are there for a social enterprise?
Two
Three
Four
Five
The ownership of companies is divided into small units called:
Shares
Dividends
Debentures
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
In order to see results, entrepreneurs must be willing to take:
Risk
Motivation
Planning
Obligation
Social enterprises compete with other business in the:
Same market or industry
Different market or industry
Same market or agricultural sector
Commercial sector
Business activity exists to produce:
Consumer goods
Producer goods
Capital goods
Service goods
Who has an idea for a new business?
Producer
Consumer
Entrepreneur
Creditor
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
The entrepreneur may avoid the cost of:
Buying
Selling
Forfeiting