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Fundamentals of Business Economics Questions and Answers

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Question 1

Which of the following are external stakeholders for an organization?

i. Shareholders

ii. Customers

iii. Government

iv. Trade Unions

v. Pressure groups

vi. Employees

Options:

(i), (ii) and (iii) only

(ii), (iii) and (iv) only

(iii), (iv) and (v) only

(i), (v) and (vi) only

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Question 2

The economy of Country V is initially in equilibrium at a level of national income and employment denoted by Y, at price level denoted by P If there is an increase in aggregate demand, indicate on the graph below the new equilibrium point in the economy.

Options:

Question 3

Which ONE of the following is regarded as a general characteristic of an organization?

Options:

Controlled performance of its activities

Social goals towards society

Collective goals towards society

Social arrangement of people

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BA1 Exam Dumps : Fundamentals of Business Economics

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Fundamentals of Business Economics Questions and Answers

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