POB CSEC-Based Qs January 2023 1-10

POB CSEC-Based Qs January 2023 1-10

Assessment

Assessment

Created by

Kerwin Alexander

Business

9th - 12th Grade

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10 questions

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1.

Multiple Choice

30 sec

1 pt

The Commonwealth Caribbean is MOST typically characterized by which business environment?

Corporate State

Mixed Economy

Centrally Planned

Perfectly Competitive

2.

Multiple Choice

30 sec

1 pt

Hubcut Ltd disposes of waste in an ethical manner. It is demonstrating its  responsibility to

Society

Customers

Employees

Governments

3.

Multiple Choice

30 sec

1 pt

Mr. Gayle is going to receive his first cheque. Which of the following types of cheques would allow Mr. Gayle to receive cash on demand?

Open

Crossed

Certified

Banker's

4.

Multiple Choice

30 sec

1 pt

Ms. Emanis the POB teacher poses the following question to you. Select the correct answer. Which of the following items are NOT considered to be ‘consumer goods’?

Stocks of soft drinks for resale

Cars in a dealership waiting to be sold

Stationery used in the accounts department.

Bottled waters on the shelves of supermarkets

5.

Multiple Choice

30 sec

1 pt

Mr. Bravo is thinking about starting a sole trader business. Which of the following is a characteristic of the sole trader form of business which is NOT advantageous to the owner?

Unlimited liability

Low operational cost

Ownership of all profits

Rapport with customers

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