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151B337B51 Flashcards | StudBud
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151B337B51
151B337B51
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Questions
15
Answers
1
Which is not usually part of the tertiary sector?
Banking
Retail
Engineering
Tourism
2
Using natural resources wisely in the short-term so they are available in the long-term, is
Ecological sustainability
Economic sustainability
Environmental sustainability
Social sustainability
3
Which industry does not belong in the tertiary sector?
Banking
Engineering
Education
Selling real estate
4
Which of the following is not part of the quaternary sector?
Consultancy services
Research and development
Information communication technology
Transportation and distribution
5
Which is
not
classified as land when referring to factors of production?
Corn
Paper
Forestry
Gas
6
The quaternary sector is a subcategory of the tertiary sector
True
False
7
The ability to develop processes that meet the needs of its current and future stakeholders
Economic sustainability
Ecological sustainability
Environmental sustainability
Social sustainability
8
Efficient and profitable asset use over time, without negatively affecting future generations
Environmental sustainability
Social sustainability
Ecological sustainability
Economic sustainability
9
In production, operations management does not involve providing
The right price
The right quality
The right goods and services
The right quantities
10
The four business sectors are linked through
Sector change over time
The chain of production
Increasing degrees of specialisation
Value added processes
11
The ‘goods and services continuum’ shows that very few products are purely a good or a service
False
True
12
‘
Intergenerational equity
’ is a concept very relevant to sustainability
False
True
13
Which types of businesses do not operate in the tertiary sector?
Security and protection
Hotels and tourism
Clothing and textiles
Banking and insurance
14
Which is not a factor of production?
Entrepreneurship
Human resources
Capital
Land
15
Organisations operating in the secondary sector
Are labour intensive
Manufacture goods
Provide both goods and services
Have the largest employment sector in developed countries