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WorksheetsChapter 10 & 11 Review
Total questions: 10
Worksheet time: 6mins
Which of the following are negative impacts of science and technology to society and economy? [Answer is more than 1]
Waste disposal
Fast delivery
Global warming
Laziness
Which of the following shows the main role of science and technology in distribution?
Indofood is investing in a new machine to reduce labour costs
Tokopedia provides an online and integrated tracking service for its customers
We can purchase everything online without leaving our homes though the use of apps
Aice ice cream uses different ingredients that are earth friendly
Cynthia owns an event organisation that often takes footage using drones just like shown in the picture attached. Cynthia is thinking to get a new commercial drone because she believes an upgrade can produce higher-qualitay videos from different kinds of angles which automatically attract more customers.
What is the economic positive impact of using a better drone for commercial purposes based on the case study above?
Drones enable Cynthia to deliver the photos and videos directly to the clients without using USB/flash disk.
People can borrow Cynthia's drone to buy products without leaving their premises/houses.
She had to lay off some of her workers because the drone is really efficient.
Higher revenue due to better quality of the product might lead to more profit.
Which of the following are the benefits of being an entrepreneur?
[Answer is more than 1]
Being independent (free to decide the use of our time and money)
The inability to run the business because of the lack of knowledge and experience.
We might earn more than when we were employed, if the business grows.
Opportunity cost - in terms of compensation we receive by working
New ideas, trying to find ways to attract new customers, and be different from competitors.
Which characteristic of a successful entrepreneur?
Hard working
Innovative
Creative
Optimistic
Able to convince other people of the skills an entrepreneur possess and to make them believe will be successful
Self-confident
Optimistic
Creative
Independent
Often to work alone before they can employ others, and also must be well-motivated and work without any help.
Self-confident
Independent
Hard working
Risk taker
Knowing that there are negative consequences that follow when a person owns a business, that is the possibility of fail, e.g. the products do not sell.
Risk taker
Hard working
Effective communicator
Self-confident
Not just having ideas, but also able to execute them or put them into practice.
Creative
Effective comunicator
Innovative
Hard working
Why is increasing the competition important to the economy?
So that companies can pay less income tax
So that businesses are stimulated to be more competitive (reduce their costs) and be more efficient
To stop having similar products
To prevent foreign companies entering the market
