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