General And Specific Problems of Business Enterprises - SS1 Economics Past Questions and Answers - page 1
Which of the following is a general problem faced by business enterprises?
Inflation
Rapid technological changes
Labor shortage
What is a specific problem faced by businesses due to government policies?
Seasonal changes
Limited access to credit
High competition
Government regulations
Which of the following is a specific problem faced by businesses due to geography?
Limited access to credit
Inflation
Location
Product quality
Which of the following is a general problem faced by businesses due to the economy?
Seasonal changes
High competition
Economic downturn
Product quality
Which of the following is a specific problem faced by businesses due to labour?
Marketing challenges
Product quality issues
Labor shortage
Inflation
What is three general problems faced by many businesses?
Economic recession, Rapid technological changes, and Globalization and foreign competition.
Name three specific problems faced by businesses .
Location or geography, Inflation , and Government regulations and policies.