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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

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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

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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

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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

 

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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

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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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