Halloween
what is the reward for land?
what is rent
The loss of skilled workers through emigration is called
what is a brain drain
Where can you find a synopsis of the business plan?
what is an Executive summary
If a computer manufacturer takes over a chain of computer shops, this would be an example of
what is a forward linkage
Which factors of production earns interest
what is capital
Which factor of production puts together all the other factors?
what is entrepreneurship/ enterprise
Each year, some high school graduates of Caribbean rural communities move to the town and cities to live and work. The movement of such person could be described as:
what is internal migration
what is a goal that is set to achieved in the next two years is called ?
what is a long term goal
Jennifer decides to operate a small day care centre from her home so that she can provide a service to the persons in her community. This is an example of;
what is a cottage industry
a method of production where a single item is made
what is job production
The amount produced per worker per hour is called
what is productivity
In which sector is banking found
what is the tertiary sector
What is the name of the report that investigates whether a new business idea is worthwhile?
what is a Feasibility study
The physical and mental capabilities used to perform tasks is called
what is labour
what is production in the developed world that is characterized by a greater reliance on equipment than labour
what is capital intensive production
Resources used by a business such as machines and equipment to produce other goods and services are called
what is capital
increases in average cost that results from expansion of the whole industry is called
what is external diseconomies of scale
a firm with fewer than 50 employees is known as a
what is a small business
The total number of people employed or seeking employment in a country is called
what is the labour force
assets such as building and machinery which will be kept by the business for a long time are known as
what is a fixed capital
what is finance provided to new of small businesses by wealthy investors
what is venture capital
the annual number of immigrants less the annual number of emigrants is called
what is net migration
when larger business are able to afford automated machines and the latest equipment this is called
what is technical economies of scale
Stocks of materials, goods and cash needed for the day-to-day running of the business is called
what is working capital
The ability and willingness of workers to move to new areas for work is called
what is mobility of workers