Worksheets9 BS Mid Sem Review
Total questions: 15
Worksheet time: 8mins
Which is a scarce resource?
Air
sunlight
crude oil
soil
Which is NOT a form of Specialisation?
Firm specialisation
Factors of production specialisation
Competitive advantage
Country specialisation
It refers to people who take risks by running businesses.
Businessmen
Entrepreneurship
Human resource
Entrepreneurs
It is an organization that provides goods and services that consumers wants for a profit.
Business
Business activity
Demand
Scarcity
Which DOES NOT belong to the group?
Extractive
Manufacturing
Public Sector
Service
Which is NOT part of the group?
Running public services well
Making a profit
Providing postal services
Providing street lighting and police service
Which is NOT part of the group?
IndoFood
Alfamart
Pertamina
Giant Ekstra
Which DOES NOT belong to group?
Cars
Grocery items
Haircut
Mobile phones
The 'business plan' should contain the following except
Executive summary
The market
Cashflow
Competitors Organisation
Which is NOT part of the group?
Food
Computers
Education
Shelter
Demand is an economic principle that describes a consumer's desire for a product and
interest on the product.
willingness to have the product.
willingness and capability to pay.
incapacity to pay for the product.
Which concept is being depicted by the image?
Effective demand
Scarcity
Opportunity cost
Specialisation
What process is being shown in the picture?
Scarcity
Opportunity cost
Production
Competition
Which process will NOT add value to a product?
Good packaging
Transporting products to a marketplace
Decreasing the ingredients
Cleaning and processing raw materials
Which is NOT a characteristic of a successful entrepreneur?
Logical
Good communicator
Loves to procrastinate
Hard-working
