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