which of the following are the stages of production?

Primary, secondary and tertiary

What is the characteristic of a partnership?

Unlimited liability for partners.

Entrepreneurship can be best described as:

The process of starting and running a business

In business, the term ''sole proprietorship'' refers to:

A business owned and operated by one person.

What is the role of capital in the production process?

It refers to the money invested in a business.

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MR Sithole B/S

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MR Sithole F4 B/S

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Questions 17

Answers

1
which of the following are the stages of production?
Primary, secondary and tertiary
Primary, secondary and tech
Primary, tertiary and second
Secondary, tertiary and prime
2
Which country has many the Highest GDp?
India
USA
Ireland
Luxembourg
3
which of the following is Not a need?
Water
Car
Food
Shelter
4
which of the following business activity is usually Not in the public sector?
Entertainment.
Defence
Health
Education
5
Which of the following is a way of measuring the size of the business?
Value of output
Customer loyalty
Brand loyalty
Employee satisfaction
6
Which of the following is not a factor of production?
Marketing
Land
Labour
Capital
7
What is a key characteristic of entrepreneurship?
Risk-taker
Stability
Cautious
Bureaucracy
8
There are........factors of production?
2
3
1
4
9
What is the characteristic of a partnership?
Centralised decision making.
Limited life span.
Unlimited liability for partners.
Limited liability for partners.
10
who is the richest person in the world?
Jeff Bezos
Bill Gates
Bernard Arnault
Elon Musk
11
Entrepreneurship can be best described as:
The process of starting and running a business
The management of human resources
The study of business organisations
The analysis of market trends
12
which of the following is Not a type of business organisation?
Corporation
Partnership
Sole proprietorship
Creditorship
13
In business, the term ''sole proprietorship'' refers to:
A business owned by multiple shareholders.
A business owned and operated by one person.
A business that is publicly traded on the stock exchange.
A business that operates as a cooperative.
14
What is the role of capital in the production process?
It represents the physical resources used in production.
it refers to the land and natural resources available for production.
it includes the skills and expertise of worker.
It refers to the money invested in a business.
15
Which factor is Not a common reason why businesses fail?
inadequate market research
Poor management
Strong Market demand
Lack of capital
16
Which is the richest country in the world based on GDP per capita?
Qatar
Ireland
Luxembourg
Singapore
17
What is a primary reason why new businesses fail within the first few years?
Too much capital
Over-expansion
Lack of innovation
Inadequate financial planning

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