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BA1 Exam Dumps : Fundamentals of Business Economics

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Fundamentals of Business Economics Questions and Answers

Question 1

Which ONE of the following is an External stakeholder in a state-owned energy provider?

Options:

A.

The industry regulator

B.

A firm selling equipment to the energy provider

C.

Customers of the energy provider

D.

The government

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Question 2

West Morton Rail has calculated that the number of passengers travelling on their railway increases during school holidays, while the inverse is true for most other railways in the country.

Which of the following is the most likely reason for this unusual correlation?

Options:

A.

West Morton Rail is a heritage railway, meaning it will receive more passengers as rates of tourism increase during the school holidays

B.

West Morton Rail is situated in a town where there are very few schools

C.

West Morton Rail has a special discount for passengers using their service during the school holidays

D.

West Morton Rail receives less revenue than other railway services

Question 3

A business has a short-term problem with its payments exceeding its receipts. Which TWO of the following would be appropriate for meeting this financial shortfall?

Options:

A.

A bank overdraft

B.

A bill of exchange

C.

A mortgage

D.

Issuing shares

E.

A leasing arrangement