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

1

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

A

 Inflation

 

B

 Rapid technological changes

C

Labor shortage

CORRECT OPTION: b
2

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

 

A

Seasonal changes

 

B

Limited access to credit

 

C

High competition

D

Government regulations

CORRECT OPTION: d
3

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

A

Limited access to credit

 

B

Inflation

C

Location

D

Product quality

CORRECT OPTION: c
4

Which of the following is a general problem faced by businesses due to the economy?

A

Seasonal changes

 

B

High competition

C

Economic downturn

D

Product quality

 

CORRECT OPTION: c
5

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

 

A

Marketing challenges

 

B

Product quality issues

 

C

Labor shortage

D

Inflation

CORRECT OPTION: c
6

What is three general problems faced by many businesses?

 

Economic recession, Rapid technological changes, and Globalization and foreign competition.

7

Name three specific problems faced by businesses .

 

 

Location or geography, Inflation , and Government regulations and policies.

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