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