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- What are the Possible Sources of Capital: Micro Economics Business Concept. Enumerate Eight (8) Characteristics of a Good Location: Micro Economics Business Concept. Identify Best Strategies: Micro Economics Business Concept.The four factors of production that produce economic activity are ______. a. Corporations, small businesses, marketing and technology b. Interest rates, unemployment, taxes and growth c. Machines, buildings, money and capital d. Land, labor, capital and enterprise16. Oman is using capital - intensive methods of production. This statement is related to _____. a. How to produce these goods? b. What goods to produce? c. Where to produce? d. For whom to produce?
- 1. It regulates the engagement between the producer and the consumer. A. Chamber of commerce B. Local community C. Government 2. Economic development is measured by looking at A.Wealth of the community B.Quality of life C.Type of businesses present 3.It is regarded as the engine of the economy. * A.Entrepreneurship B.MSME's C.Education 4.The future belongs to those who can think like a; A. Positive person B.Scientist C.Entrepreneur 5.Which of the following is an entrepreneurial mindset? * A.Vulnerable Mind B.Resilient Mind C.Rigid Mind 6. is more interested in being unique. A.Independent Mind B.Risk Managing Mind C.Designing Mind 7.It is determined to achieve stretch goals. * A.Resilient Mind B.Independent Mind C.Goal oriented and effectuating mind 8. It has the propensity to take calculated risks. * A. A positive mind B.Risk managing mind C. Calculated risk mind 9.It…Categorize the following as microeconomic or macroeconomic questions: (vii) Why are interest rates rising? (viii) Why are economic growth rates different in the Jamaica and Antigua?40. Which of the following are important determinants of one's productivity? a) The tools, with which one works – tools that are often made available by the employer. b) The ethical behavior of society, at least as it relates to commercial transactions. c) The economy's transportation and communication systems d) The skill level of one's co-workers. e) All the above
- A) Despite a booming economy and low unemployment rates researchers have often found declining social mobility and growing income inequality. Discuss at least 4 reasons for this outcome. B) What is the relationship between business and society ?Describe ways in which business and society are part of an interactive system.10 In India, the availability of labor is comparatively more than the availability of capital. What method of production India should adopt? a. Labor intensive method b. Capital intensive method c. Labor shortening method d. Capital deepening method1. ______________ is a special field of economics which concentrates on the study of countries which are in the process of moving from low levels of income and social progress. A. human development indexB. GDP per capitaC. economic growthD. economic development 2. The following are measures of economic growth except:A. Gross National Product.B. Exchange rateC. Healthy life expectancyD. Interest rate 3. Operating in lean and mean organizational structure signifies:A. Embodied technical progressB. Disembodied technical progress 4. More skilled and computer-relate workforce constitutes:A. Embodied technical progressB. Disembodied technical progress 5. The higher the population of a country:A. The higher it's GDP per capita will often be.B. The lower its GDP per capita will often be C. GDP per capita remains constant.D. Cannot be determined. 6. Innovation and invention signifies: A. Disembodied technical progressB. Embodied technical progress…
- 1 What is scientific research? explain the concept of scientific, what is i. perception research ii. action research iii. evaluation research4. Only people who have certain natural talents can be Entrepreneurs. 5.Entrepreneurs are extreme risk takers 6. Entrepreneurs seek success but experience high failure rates 7. Ignorance is bliss for Entrepreneurs 8. All Entrepreneurs need is luck 9. Money is what the Entrepreneurial venture need to survive 10. Entrepreneurs must fit the standard Entrepreneurial profile9 Which book describes economics as a science of growth and material well-being? a. Principles of Economics b. None of the options c. An Essay on the Nature and Significance of Economic Science d. An Inquiry into the Nature and Causes of Wealth of Nations