57. The three broad types of productive resources are A. O Money, profit and interest B. O Capital, labour and natural resources C. O Bond, stock shares and deposits D. O Technology, human capital and markets
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- 11 If accounting were a production system, a journal would be an “output.” Group of answer choices True FalseWhich of the following description best characterizes capitalsm? a)Society decides what,how and for whom to produce b)Ownership of the means of production resides with a small group of individiual. c)it is an economic system based on individuals goodwill toward others1- The world’s most innovative companies have largely created structures that remove structural barriers. They have established an innovation culture and improved their innovation capability. This refer to a) Process innovation b) Management innovation c) Organizational innovation d) Services innovation 2- If a company has a large variety of processes in the manufacturing and a low volume of jobs then the right type of “Product Process Type” would be…..… a) Project b) Jobbing c) Batch d) Mass 3- The various systems needed to ensure industrial plants operate smoothly to produce goods and services. Within such a system, operators monitor, control, and fix the components that help run everything from power plants to water refineries to manufacturing facilities. a) Process innovation b) New product lines c) Process technology d) Sequential model
- 12- Capitalist economies have these features, except __________. a. State control of the factors of production b. Profit motive c. Consumer's freedom d. Private ownership of resourcesQ.4. Subject :- Economic1. This theory is concerned on how to increase production efficiency to lower costs, raise profits, increase workers’ pay through increased productivity. 2. This is looking ahead by arranging a scheme for doing a project. 3. It pertains to the evaluation of the goods or services and assessing the packaging materials and salability of products. 4. These are the probable problems that an entrepreneur faces. 5. This approach is recommended by the Quantitative Management Theory to manage problems. 6. A management theory that the quality and quantity of work are affected by conditions workers are exposed to on and off the job. 7. It is about the process of acquiring and using human, fiscal, and material resources effectively to produce goods and services needed by people. 8. It refers to the obstacles that may prevent the business from attaining its financial target. 9. Keenly observe their environment for ideas that can be turned into profit. 10. This is defined by the continuous…
- 1.2) You are given the following different technologies for producing 100 metres of cloth. (SEE ATTACHED PICTURE) Select one or more: a. Technology C dominates technology A. b. Technology D is more labour-intensive than technology C. c. Technology A is the cost-minimising technology at all prices of coal and wages. d. Technology C can sometimes be a cheaper technology than A. Please state only which awnsers are correct please.Thank you and Happy New YearWhich of the following are signals to the owners of scarce resources about the best uses of those resources? A. Profits of businessesB. Government regulationsC. Economic indicatorsD. The accounting cost of those resources1. A) The concept that development has to be deliberately planned as an outcome is said to be intransitive Select one: True False
- 3. What are DeBeers profits? Why are they able to sustain these in the long-run?6. The theory developed by Linder provides an answer for:a. The product life cycleb. The model based on factor endowmentsc. The production of wide-ranging economiesd. Trade based on intra-industrial activitiesLenders of funds in financial market gets opportunity to invest in O a. Banks of the government O b. Productive assets without owning them O c. Goods of a business O d. Provision of utilities for the public
