A major function of the public sector is

Which of the following are key features of a planned economy?

I. Centralized production

II. Citizens' welfare is primary

III. Little government interference

Which of the following is NOT an example of an unethical practice?

Selecting the objectives and the procedures for achieving goals is referred to as

Which of the following positions would be BEST suited at X?

This leader deliberately stands back and lets the subordinates plan their own work and make their own decisions as far as possible. The type of leadership described in the statement is

Which of the following actions demonstrate the characteristics of a good leader?

I. Inspires workers

II. Delegates responsibilities

III. Makes intelligent decisions

Which of the following are benefits of written communication?

I. Instant feedback

II. Provides evidence

III. Useful for detailed messages

In which of the categories will subsidized meals for employees fall?

The main advantage off collateral security to the lender is that is

Which of the following is an example of secondary sources of data?

I. Company records

II. Former employees

III. Government census

Which of the following is a regulatory issue for the entrepreneur?

An analysis of the viability of a business idea and an examination of the different aspects of operating a business is known as a

An entrepreneur may reduce his risk of loss by

Which of the following commodities is a product of the manufacturing industry?

The amount of labour available for productive activity is known as

The central bank is owned and control by the

Government can positively influencing business activity by reducing

A 'price control' may be defined as a

The type of business environment MOST typical of the Commonwealth Caribbean is

A firm disposes of waste in an ethical manner is said to be demonstrating its responsibility to

Which of the following is a characteristic of the sole trader form of business which is NOT advantageous to the owner?

Characteristic of online communication include

I. Instant feedback

II. detailed messaging

III. Documented evidence

Which of the following management functions is a manager engaged in when he grants a worker 'time of with pay'?

A MAJOR role of a trade union is to encourage the

Which of the following phrases BEST describes an authoritarian leader?

Richard has been an employee of MTSL for over ten years. He is up for a promotion at the end of the year. A manager's nephew who was recently hired has been promoted ahead of Richard. An upset Richard has taken this issue to his trade union. This conflict is a a result of

Which of the following is an example of an entrepreneur?

One of the MAIN functions of an entrepreneur is to

The condensed version of a business play, which provides an overview of the business, is contained in the

Which of the following is NOT a primary industry?

Which of the following is NOT classified as a natural resource?

The term 'economies of scale' refers to

Primary production is concerned with the

In public limited company the losses are incurred by (a) staff

In which of the following types of economic systems does the government make all the decisions?

Which of the following is not a part of the planning process?

Tom invests his savings by buying shares in a company. From his investment Tom expects to receive

Point Z on the diagram represents the