Principles Of Business Quizzes Online & Trivia

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  • What form of trade occurs when a country exchanges goods(i.e oil for cement)? A. Barter B. Regional tradeC. Counter tradeD. International trade 
    What form of trade occurs when a country exchanges goods(i.e oil for cement)? A. Barter B. Regional tradeC. Counter tradeD. International trade 
    Barter is the trade that occurs

  • True or False: GDP stands for Gross Domestic Produce.
    True or False: GDP stands for Gross Domestic Produce.
    No, I do not know, so what GDP stands for?

  • Is it genuinely true that diversity, education, e-commerce, and capitalism are the important trends that affect the workforce of the 21st century?
    Is it genuinely true that diversity, education, e-commerce, and capitalism are the important trends that affect the workforce of the 21st century?
    False

  • Which one of the following is not a function of a trade union? A. Assisting in the settlement of industrial disputes. B. Bargaining for the rights and privileges of employers. C....
    Which one of the following is not a function of a trade union? A. Assisting in the settlement of industrial disputes. B. Bargaining for the rights and privileges of employers. C....
    D

  • Which of the following statements about the planned economy is INCORRECT? a. Consumers have a choice in the market place b. Wages can be negotiated between...
    Which of the following statements about the planned economy is INCORRECT? a. Consumers have a choice in the market place b. Wages can be negotiated between...
    D

  • In a free enterprise system, all of the following conditions exist EXCEPT: a. decisions about prices are made in the market place; b. there is...
    In a free enterprise system, all of the following conditions exist EXCEPT: a. decisions about prices are made in the market place; b. there is...
    C

  • Which of the following statements about the planned economy is incorrect? A. Consumers have a choice in the market placeB. Wages can be negotiated between workers and employersC. The...
    Which of the following statements about the planned economy is incorrect? A. Consumers have a choice in the market placeB. Wages can be negotiated between workers and employersC. The...
    D

  • Which of the following statements about the planned economy is INCORRECT? a. Consumers have a choice in the market place b. Wages can be negotiated between...
    Which of the following statements about the planned economy is INCORRECT? a. Consumers have a choice in the market place b. Wages can be negotiated between...
    D

  • MULTIPLE CHOICEINSTRUCTIONS: Select the best option for each of the questions which follow.When Trinidad exchanges its oil for cement from Jamaica, the form of trade is best described as: ...
    MULTIPLE CHOICEINSTRUCTIONS: Select the best option for each of the questions which follow.When Trinidad exchanges its oil for cement from Jamaica, the form of trade is best described as: ...
    A

  • A group of professional engineers wishing to enter into a business enterprise would most likely operate: a. a co-operative b. ...
    A group of professional engineers wishing to enter into a business enterprise would most likely operate: a. a co-operative b. ...
    B

  • In a mixed economy, for which of the following enterprises do governments take responsibility? a. Manufacturing b. ...
    In a mixed economy, for which of the following enterprises do governments take responsibility? a. Manufacturing b. ...
    B

  • The private sector is composed of the following sections: i. household; ii. business; iii. government; iv. the market place ...
    The private sector is composed of the following sections: i. household; ii. business; iii. government; iv. the market place ...
    B

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