Justification of location — in this part you are required to : a State the location of your intended business, e. There are points to note and questions at the end of each chapter. The authors are all highly experienced teachers at Caribbean schools. We may ship the books from Asian regions for inventory purpose. Internally, the negative effects of migration include: shortage of labour in one area and surplus of labour in another area, overpopulation in one area with resulting social disorders, e. Which one of the following will have the effect of reducing the supply of labour? Circulating capital is: a money and inventory used to finance the day to day running of a business. It also will be located to other firms in a similar line of business.
In addition, there are end-of-chapter activities in practice and many examples showing business in practice. This part of the question does not require any expansion or explanation. Consumers are those individuals who: a buy their goods from a consumers cooperative society b consume all the goods produced by manufacturers c provide goods and services for our satisfaction d utilise the goods and services provided to satisfy wants 6. Firstly, it was mind-numbingly boring with absolutely no analysis required and the syllabus is inexhaustibly long. Principles of Business focuses on the theoretical and practical aspects of business activities.
Democratic those who will be affected by the decision are consulted before the decision is taken, thoughthe leader still reserves the right to make the final decision. It involves Economic Systems and Government Control of Business Activity. This project will help others who read it by allowing them to know the necessary steps they should take, if they are interested in becoming an entrepreneur. Which of the following is a fixed asset? Private exam candidates: The general proficiency exam consists of three 3 exam papers. The correct time period of the movement must be included in your explanation in order to obtain full marks. In addition, for most deposit accounts, thecustomer earns interest on his deposits and this encourages him to save with commercial banks. Before computers were invented, a type writer was its replacement.
You are required to identify the sources of these capitals. Editors Security Guards Skilled Skilled 3 Editors 2 Security Guards night and day Security Guards. Which of the following are disadvantages of a private limited company? Whatever the method, customers are granted loans and benefit fromlarge sums of money, which they perhaps could not save for, while they benefit in being able to pay backloans in small installments. The points brought out must be explained accurately in order to score full marks. Information from the newspapers will not be plagiarized. You may wish to use any of the threedefinitions from Trinidad and Tobago, or any other definition that you are comfortable with.
Internally, the negativeeffects of migration include: shortage of labour in one area and surplus of labour in another area,overpopulation in one area with resulting social disorders, e. Company A is an example of a: A conglomerate. What is the maximum number of share holders a private limited company can have? Each profile dimension is comprised of several sections. Would like go back to school and major in the feild of buisness. These are:A a prospectus and a certificate of origin.
For example:The function of accepting deposits from customers benefits the customers in that it allows them to keeptheir money in a safe place instead of keeping it at home. The book provides an insight into Caribbean business, economic and legal activities and compares these aspects with those of other industrial countries. Recently, the employees of the telephone company have engaged in various industrial activities in supportof their trade union. After information has been put together, it will be reviewed by the editor and printed. Consumers are those individuals who:a buy their goods from a consumers cooperative societyb consume all the goods produced by manufacturersc provide goods and services for our satisfactiond utilise the goods and services provided to satisfy wants6. From then until now i've been back on fortjh in a nursing home with hardly, any family support which is not really helping me. Customers benefit in getting loans for various purposes including education, vacation and for purchasing cars and other assets.
Natural resources may also be referred to as: a capital b labour c land d Entrepreneurial skills14. I hope they will help you in getting a fair understanding of the question. A i and ii only B i and iii only C iii only D i and iv only 2. The business will sell more and make more profit. As a result of this the information could not be put together in the form of a magazine. For example, if you select the problem of the difficulty in sourcing capital, you could suggest that the entrepreneur explore several sources of capital and that he even combine different sources of capital, such as his own savings, along with a loan from a bank or credit union. These capitals will be used for purchasing newspapers, ink to operate the printer, and papers to print information on.
Conjunctions such as whereas, on the other hand, while and however should be used to indicate your reference to the opposite feature for the other economic system. Which of the following is the best example of capital as a factor of production? See our and for details. Candidates will be required to answer 2 questions from this section. Which of the following is the most important characteristic of money? Any three of the four can be used for the answer. For example: The function of accepting deposits from customers benefits the customers in that it allows them to keep their money in a safe place instead of keeping it at home.
Labour is classified as: a size, age, mobility b size and mobility c skilled, semi-skilled and unskilled d skilled and semi-skilled7. We also intend to employ more persons, purchase more machinery and office equipment. We may ship the books from Asian regions for inventory purpose. C a certificate of trading and tax file number. When a cheque is crossed, it means that:a something is wrong with itb it is cancelled and not good anymorec the money cannot be withdrawn immediately, but has to be lodged to an accountd it can be taken to a bank and the money stated withdrawn at once16. Avoiding of poor labeling 14.