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Factors of Production and Entrepreneurship Flashcards | StudBud
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Factors of Production and Entrepreneurship
Factors of Production and Entrepreneurship
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8 cards
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Questions
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Answers
1
Which of the following are important skills/qualities of an Entrepreneur?
Relaxed
Determination
Negotiation
Risk Taker
2
Which of the following is NOT a factor of production?
Labour
Promotion
Land
Capital
3
In a bus company, which would be included as capital?
The bus depot
petrol
The buses
The bus drivers
4
Determination means to continue trying during difficult times
True
False
5
Who is this Entrepreneur?
Richard Branson
Jayzee
Elon Musk
Walt Disney
6
In a hairdressers' business... which would be included as 'Land' ?
Hairdryers
Water
Money
Hairdressers
7
Negotiation means....
Statrting a business
Discussing to come to an agreement
Giving workers work
Telling workers what to do
8
Who is this Entrepreneur?
Kylie Jennings
Oprah Winfrey
Anne Gloag
Michelle Mone
