WorksheetsRevisit- Assessment objective and Chapter 1
Total questions: 18
Worksheet time: 25mins
Which of this is not the Assessment objective for AS Business?
Evaluation
Interpretation of data
Analysis
Application
What is the weightage break-up of Paper 1 and Paper 2?
50%-50%
60%-40%
70%-30%
80%-20%
How many section are there in AS syllabus?
4
5
6
None of the above
What is the purpose of business?
Use resources to produce and sell products
Produce goods that they want to sell and make profit
Use resources to produce goods for profit
Use resources to produce goods that consumers needs
Name the economics resources.
Which of these is not land (FOP)
Wood
Water
Factory
Farmland
What is Labour?
Physical work
Mental work
None of the above
Both of the above
Which FOP is the most important amongst the four of them and why?
Land
Labour
Capital
Enterprise
What is the basic economic problem?
Economic problem leads to concept of
(a)
What is opportunity cost of choice 2?
What is added value?
Difference between Selling price and cost of production
Difference between Selling price and profit
Difference between Selling price and cost of materials
Difference between cost price and profit
What is the difference between added value and creaating value?
Sate one role of an entrepreneur.
Name three characteristics of successful entrepreneurs.
Two problems that an entrepreneur faces.
Which is a part of tertiary sector?
Which of these is not the objective of the Social enterprise?
Social
Political
Economical
Environmental
