An economic activity which deals with natural resources is a form of?
A. extraction B. refining C. construction D. manufacturing Correct Answer: Option A – extraction
A major function of an entrepreneur is?
A. decision-making B. encouraging competition C. human-resource training D. motivating employees Correct Answer: Option A – decision-making
A major criticism of a cooperative society is?
A. limited capital B. granting excessive loans to members C. selling goods on credit to non-members D. management incompetence Correct Answer: Option D – management incompetence
The creation of utilities is to satisfy human wants is referred to as?
A. production B. consumption C. industrialization D. occupation Correct Answer: Option A – production
A document which advertises the shares of a company is known as a?
A. memorandum of satisfaction B. dividend warrant C. deed D. prospectus Correct Answer: Option D – prospectusProducts
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