Economics Multiple Choice Question – 28 March 2022

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Economics
Photo by Kelly Lacy on Pexels.com

What is NOT an example of the role of the factor “enterprise” in a modern economy?

Select ONE answer:

  1. deciding on new export markets for the company’s goods and services
  2. making payments to suppliers for raw materials and capital goods
  3. reducing costs through the introduction of a new shift system for employees
  4. transforming the production process with the introduction of robots

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

  1. Not correct
  2. Correct
  3. Not correct
  4. Not correct

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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