Economics Multiple Choice Question – 28 March 2022

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

This work is licensed under a Creative Commons Attribution 4.0 International License.