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