A) Labour, capital, money and technology B) Land, labour, capital and entrepreneur C) Land, Labour, capital and profit D) Land, water, air and fire
A) Entrepreneur B) Land C) Capital D) Labour
A) Wages B) Rent C) Interest D) Profit
A) It is man-made B) It is fixed in supply C) It is perishable D) It is mobile
A) They decrease profit B) They increase costs C) They are useless D) They help in production of goods and services
A) A person's hobby B) A person's job or work C) A person's education D) A person's location
A) Favorite food B) Favorite colour C) Favorite sport D) Education
A) Skills B) Favorite food C) Education D) Interest
A) To earn money B) To travel C) To have fun D) To relax
A) Honesty B) Loyalty C) Kindness D) Dishonesty
A) Corruption B) Deceit C) Manipulation D) Integrity
A) Punishment B) Financial gain C) Loss of respect D) Trust from others
A) Increased respect B) Financial gain C) Loss of trust D) Improved relationships
A) To protect themselves B) To show off C) To help other D) To hurt other
A) Playing without rules B) Playing to win at all costs C) Playing with rules D) Playing roughly
A) Sportsmanship B) Aggression C) Cheating D) Dishonesty
A) Ignoring rules B) Disrespecting officials C) Winning at all costs D) Respecting opponent
A) Doing what's right and safe B) Following laws only C) Maximizing profits D) Ignoring risks
A) To reduce cost B) To protect people and environment C) To ignore regulations D) To increase profit
A) A type of energy B) A type of food C) A living thing D) A substance with specific properties
A) Selling product B) Working for someone else C) Studying business D) Creating your own business
A) A hobby B) A school project C) A business venture D) A government job
A) A street vendor B) A retired teacher C) A random office worker D) Dangamosa of Dangote Group
A) Decreases innovation B) Limits growth C) Increase problems D) Creates a job
A) More opportunities B) Less opportunities C) Stagnation D) No change
A) Business owned by many B) Business owned by one person C) Business without owners D) Business owned by government
A) The business B) The own personally C) The government D) On one
A) Sole proprietorship B) Government C) Partnership D) Head of school
A) Kept by one partner B) Given to government C) Shared among partner D) Lost
A) Business owned by members for mutual benefit B) Government owned business C) Business owned by investors D) Non profit organization only
A) Maximizing profit B) Helping members C) Controlling market D) Reducing competition
A) Owners have unlimited liability B) Difficult to manage C) No continuity D) Easy to raise capital
A) Profit are high B) Easy to dissolve C) Decision making can be slow D) Members have limited liability
A) Someone who produces goods B) Someone who regulates market C) Someone who sells goods D) Someone who buys goods and services
A) A place to buy only B) A place for buying and selling C) A place to sell only D) A government office
A) Protects consumers from exploitation B) Inceases price C) Deceases choice D) Increases spending
A) They save money automatically B) They are exploited C) They are protected from fraud D) They make informed decision
A) Higher savings B) Increases awareness C) Financial losses D) Better choices
A) Right to unsafe product B) Right to overcharge C) Right to limited choice D) Right to clear information
A) Impulsive buying B) Informed decision making C) Reduced choice D) Increased spending |