Principles of Business: Production and Cottage Industry

Principles of Business: Production and Cottage Industry

6th Grade - University

25 Qs

quiz-placeholder

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Principles of Business: Production and Cottage Industry

Principles of Business: Production and Cottage Industry

Assessment

Quiz

Business

6th Grade - University

Practice Problem

Medium

Created by

Kerwin Alexander

Used 290+ times

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25 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Production in the ‘developed world’ is characterised by a greater reliance on equipment than labour. This can BEST be defined as?

Mechanisation

Automation

Capital-intensive production

Labour-intensive production

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor of production is fixed in supply?

Land

Labour

Capital

Entrepreneurship

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor of production is created in the production process?

Land

Labour

Capital

Entrepreneurship

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the level of production: Food crops, eggs and milk being sold to the national market.

Subsistence production

Domestic production

Export production

Lean production

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the level of production: A family growing their own fruits and vegetables.

Subsistence production

Domestic production

Export production

Primary production

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the level of production: Architectural or engineering services for major overseas projects

Subsistence production

Domestic production

Export production

Secondary production

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the level of production: Providing goods for the international market

Subsistence production

Domestic production

Export production

Secondary production

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