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Q 1/30
Score 0
Which of the following types of business environments is MOST typical of the commonwealth Caribbean
60
Perfectly competitive
Mixed economy
Corporate State
Centrally planned
Q 2/30
Score 0
Which of the following is NOT a function of money?
60
Measure of value
Store of value
Medium of exchange
Indivisibility
30 questions
Q.
Which of the following types of business environments is MOST typical of the commonwealth Caribbean
1
60 sec
Q.
Which of the following is NOT a function of money?
2
60 sec
Q.
A major function of the public sector is to
3
60 sec
Q.
Which of the following positions would be BEST suited at X in the diagram above
4
60 sec
Q.
Which of the following actions BEST describes and authoritarian leader?
5
60 sec
Q.
Which of the following actions BEST demonstrates the characteristics of a good leader?
6
60 sec
Q.
Which of the following BEST display the benefits of written communication
7
60 sec
Q.
The legal responsibility of the sole proprietor to pay any money owed by the business is described as
8
60 sec
Q.
Private enterprise is run mainly to
9
60 sec
Q.
Selecting the objectives and procedures for achieving goals is referred to as
10
60 sec
Q.
Under which of the following categories would subsidized meals for employees fall?
11
60 sec
Q.
Which of the following is a regulatory issue for the entrepreneur?
12
60 sec
Q.
Cash used to secure a loan at a bank is referred to as
13
60 sec
Q.
The condensed version of the business plan is contained in the
14
60 sec
Q.
An analysis of a viability of a business idea and an examination of the different aspects of operating a business is known as
15
60 sec
Q.
An entrepreneur may reduce his risk of loss by
16
60 sec
Q.
Melissa a teenager wanted to earn extra income so she offered to wash cars for $10. Ms Hinds brought her car to be washed. Melissa washed the car and Ms. Hinds paid her $15. What type of contract is demonstrated in the case above?
17
60 sec
Q.
A contract may be discharged by
18
60 sec
Q.
Which of the following factors prevents an agreement from being considered a valid contract?
19
60 sec
Q.
The monthly payments made to an insurance company by its policy holders are known as
20
60 sec
Q.
Which of the following conditions would constitute a linkage between two industries?
21
60 sec
Q.
Which of the following types of capital is used for the day to day operations of the business?
22
60 sec
Q.
To which of the following industries does a firm involved in food processing belong?
23
60 sec
Q.
Which of the following is least likely to occur from growth in an organization?
24
60 sec
Q.
25
60 sec
Q.
Which of the following businesses may BEST be classified as a cottage industry?
26
60 sec
Q.
The amount of labour available for productive activity is known as
27
60 sec
Q.
The BEST medium for advertising with high vehicular traffic is
28
60 sec
Q.
The term 'loss leader' is BEST described as a product which
29
60 sec
Q.
Product, Price, Place and Promotion are components of a