BUSINESS STUDIES JSS1 1st Term Exam
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_____ is a specific area of work or function within an organization.
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What is business?
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Business is only about making money.
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What is trade?
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______ is the act of buying and selling goods and services.
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Which of the following is an example of a department in an organization?
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What is production?
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What is a consumer?
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What is the reward of land as a factor of protection?
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The reward for capital is ______
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The finance department is responsible for managing the organization's________
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What is entrepreneurship?
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What is the process of combining factors of production to create goods and services?
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What are the two main branches of commerce?
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What is producer?
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A department is a group of employees who work together.
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______ is a person who buys goods and services.
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What is the main goal of a business?
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Departments help to_____ and structure work in an organization
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Why are departments important in an organization?
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