Unit 6 & 7

Question 1

Where can one obtain a trading licence?

Accepted Answer

Ministry of trade, industrialization and SME development.

Question 2

Unit 6 is called registration of enterprises.

Accepted Answer

True

Question 3

At the social security commission you get your good standing certificate.

Accepted Answer

False

Question 4

Amounts of goods & services available to sell =

Accepted Answer

stock

Question 5

The target market refers to:

Accepted Answer

consumers most likely to buy your product or service

Question 6

SME stands for Small Medium Entrepreneurship.

Accepted Answer

False

Question 7

man-made = natural environment

Accepted Answer

False

Question 8

An external factor is not controllable by an enterprise.

Accepted Answer

True

Question 9

Which is an external influence?

Accepted Answer

competitors

Question 10

The Natural Environment does not include:

Accepted Answer

Humans & Cars

Question 11

Unit 7 is called the Natural Environment.

Accepted Answer

False

Question 12

Everyone should register the enterprise.

Accepted Answer

True

Question 13

Where should your enterprise be registered?

Accepted Answer

All of the Above

Question 14

Fire and health inspection is done by the

Accepted Answer

local authority

Question 15

Which is not an external influence?

Accepted Answer

service consumers

Questions 15