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- 1. Multiple Choice
A business that engages in finance, sales, or reselling is a __________ business
commercial
service
industrial
financial
- 2. Multiple Choice
If two firms in the same line of business merge together, it is known as ________ merger
Horizontal
Vertical
Conglomerate
- 3. Multiple Choice
A horizontal bar chart that shows project tasks against a calendar is called
Milestone
Gantt chart
PERT chart
- 4. Multiple Choice
Limited Liability in Partnership has been introduced after seeking inspiration from
Sole Proprietorship
Company or Corporation
Both (A) and (B)
- 5. Multiple Choice
The net wealth of the aggregate economy is equal to the sum of
All real assets.
All financial assets.
All physical assets.
All real and financial assets.
- 6. Multiple ChoiceWhich is a principle in economics?People need only food and waterPeople have unlimited needs, limited wantsPeople have unlimited wantsPeople have unlimited resources
- 7. Multiple ChoiceWhich is NOT an example of a good?steelpowerautomobilesaircraft parts
- 8. Multiple ChoiceWhich is NOT a renewable natural resource?timberoilwatersolar energy
- 9. Multiple ChoiceWhich is an example of a capital resource?high-skilled professional staffmineral depositsbuilding and landeducational prerequisites
- 10. Multiple ChoiceIn capitalism, who decides the price of goods for sale?the statecompany workersthe marketthe C.E.O.
- 11. Multiple ChoiceWhich type of economy is one in which the government owns or controls the most major industries?Mixed systemCapitalist economyCommand economyTraditional economy
- Answer choicesTagsAnswer choicesTags