In Economics / Senior High School | 2024-09-10

1. The process by which one or two or more persons engage in commercial activity for profit.a. Businessc. Tradeb. Commerced. Partnership2. Persons or company who supplies goods and services.a. Consumerc. Governmentb. Creditorsd. Suppliers3. The capability of a system to expand its total output under an increased volume of workwhen resources are added.a. Autonomyc. Profitabilityb. Big Ideaad: Scalability4. A business which has its own identity and is distinct from the owners is calledas Autonomyc. Profitabilityare bBig Ideaad. Scalability5. A business with the main purpose of gaining profit is calleda. Autonomya. Profitabilityb. Big Ideaad. Scalability6. A businessthat creates its own plan to expand its economic growth.a. Autonomyc. Profitabilitybo Big Ideaad. Scalability7. Which brand of drinks may be a very good substitute for Coca-Cola?a. Mirinda22c. Sarsib. Pepsid. Seven-Up.8. Industry rivalry among companies of the same or related industry is calleda. Competitions.c. Allianceb. Distributiond. Threats

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