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General And Specific Problems of Business Enterprises - SS1 Economics Past Questions and Answers - page 1

1
Which of the following is a general problem faced by business enterprises?
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A

 Inflation

 

B
Rapid technological changes
C
Labor shortage
2

What is a specific problem faced by businesses due to government policies?

 

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A

Seasonal changes

 

B

Limited access to credit

 

C
High competition
D
Government regulations
3
Which of the following is a specific problem faced by businesses due to geography?
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A

Limited access to credit

 

B
Inflation
C
Location
D
Product quality
4
Which of the following is a general problem faced by businesses due to the economy?
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A

Seasonal changes

 

B
High competition
C
Economic downturn
D

Product quality

 

5

Which of the following is a specific problem faced by businesses due to labour?

 

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A

Marketing challenges

 

B

Product quality issues

 

C
Labor shortage
D
Inflation
6

What is three general problems faced by many businesses?

 

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7

Name three specific problems faced by businesses .

 

 

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