BUSINESS STUDIES SECOND TERM Examination, 2021/2022

The first form of production usually referred to as primary production consists of

         

• manufacturing industry

• extractive industry

• commercial services

• constructive industry

There are ------- forms of production 

• 2

• 5

• 4

• 3

---------- as a factor of production is a free gift of nature.

         

• land

• capital

• labour

• entrepreneur

The reward for capital is _______

• rent

• interest

• profit

• wages/salaries

The factor of production that organizes or coordinates other factors is

         

• Entrepreneur

• capital

• labour

• land

One of this is not a factor that could determine occupation.

         

• Salary and Wages

• Skill and Training 

• Friend’s choice

• Health factor

Mining, Agriculture, Fishing are examples of --------form of occupation

         

• Extractive 

• Service

• Construction

• Manufacturing

Assembling of manufactured products into usable forms are the responsibility of ------- industry.      

• Extractive 

• Manufacturing 

• Construction

• Assembly

Those who render personal or direct services to people who need their services and they are paid directly or indirectly are called ------

• Commercial occupation

• Service workers 

• Industrial worker

• Government worker

The removal of the raw material from the air, land and sea is the responsibility of -------- industry. 

• Industrial worker 

• Extractive

• Services

• Commercial