The sequence in which the occupational activities above are performed is?
i. Wholesaler ii. Fishing iii. Canning iv. Retailing A. iii, ii, i and iv B. iii, i, iv and ii C. i, ii, iii and iv D. ii, iii, i and iv Correct Answer: Option D – ii, iii, i and iv
Capital to a business is technically?
A. an expense B. availability of local market C. an assets D. a profit Correct Answer: Option C – an assets
The factor which critically determines the choice of occupation is?
A. training B. skill C. interest D. aptitude Correct Answer: Option B – skill Explanation An individual’s job choice is molded by their family, morals, values, intelligence, abilities, finances and most importantly the skills they...
The conversion of raw materials into finished products creates?
A. form utility B. marginal utility C. place utility D. time utility Correct Answer: Option A – form utility
A current account is beneficial to its holder as?
A. cheques can be issued to anybody B. customers cannot withdraw frequently C. it is only the holder that can make withdrawals D. it allows customers the use of passbooks Correct Answer: Option A – cheques can be issued to anybody Explanation Benefits of a...Products
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