
BM1 quiz

Quiz
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Business
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University
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Medium

F E
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____ is a social force that protects consumers against unsafe products and malpractice by exerting moral and economic pressure on businesses.
Governance
Business ethics
Consumerism
Social responsibility
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________ is a production factor that comprises buildings, machinery, cash registers, computers and products, not for final human consumption, but for making possible the production of final consumer products.
Assets
Entrepreneurship
HR
Capital
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ____ economy is a system of communal ownership in which the individual owns no property, except private domestic assets.
Market
Socialist
Command
Pure market
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ______ is an autonomous association of persons, who unite voluntarily to meet common economic, social and cultural needs by means of a jointly owned and democratically controlled enterprise.
Partnership
Co-operative
Public company
Private company
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not part of the business environment?
Micro environment
Macro environment is
Market environment
Mixed environment
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Brand names, patents, trademarks and company reputation are examples of _____ resources.
Tangible
Intangible
Fixed
Variable
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Environmental scanning applies to the ____ environment/s of a business.
Physical
Internal
Economic
Market and macro
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