TEST1

Which of the following fits the definition of natural resources?

• Man-made resources
• Resources we consume
• Anything we use from the environment
• Anything we use from the natural environment

An example of skilled labour is?

• Mailman
• Taxi-Driver
• Registered nurse
• Waiter

To convert a message into groups of words, symbols, gestures, or sounds that present ideas or concepts is called:

• Encoding
• Noise
• Feedback
• Decoding

The physical effort of people to produce goods and services describes?

• Land
• Labour
• Capital
• Entrepreneurship

The content of the communication is called:

• A message
• Noise
• Media
• Jargon

Which of the following is NOT an example of non-verbal communication?

• Frowning
• No Eye Contact
• Writing
• Hand Gesture

Which of the following is NOT considered formal communication?

• Memos
• Public Address System
• Bulletin Boards
• Grapevines

Production is the __________ of manufacturing items from_____________

• Idea, finished goods
• Process, finished goods
• Way, raw materials
• Process, raw materials

Which of the following is not a type of business?

• Sole Trader
• Stock Exchange
• Partnership
• Limited Company

All economic inputs that are required to produce goods and services are called?

• Supply
• Capital for production
• Demand
• Factors of production