In a business environment, which of the following variables can a business man conveniently control?
Product
Politics
Culture
Economy
The laws
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a way of raising capital for business?
Issuing of bonds
Borrowing
Savings
Ploughing back profit
Issuing dividend warrants
Correct answer is E
No explanation has been provided for this answer.
In which of the following business units are the owners mostly the customers?
Co-operatives
Partnerships
Public corporations
Limited liability companies
Sole proprietorship
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a business resource?
Wages
Man
Money
Material
Machine
Correct answer is A
No explanation has been provided for this answer.
The commercial term "Caveat emptor" means, Let the
buyer beware
seller beware
manufacturer beware
account be settled
endorser be careful
Correct answer is A
No explanation has been provided for this answer.