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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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Question 1

Which of the following is likely to cause the demand curve of margarine to shift to the left?

Options:

A.

A fall in the price of margarine

B.

A fall in the cost of vegetable oils

C.

A successful advertising campaign by butter producers

D.

A fall in the price of bread

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Question 2

Select the best definition of the corporate governance of a company from the list below.

Options:

A.

The structure and functions of the Board of a firm

B.

The systems by which companies are directed and controlled

C.

The composition and duties of the management of a company

D.

The financial and non-financial performance of a company

Question 3

A clothes retailer has estimated a linear trend equation including trend, seasonal and cyclical components to forecast its sales for the next four quarters Which of the following factors would generate actual sales figures that are likely to differ markedly from the forecast?

Options:

A.

A drop in sales due to emergency roadwork blocking access to the store

B.

A drop in sales due to the ongoing economic recession.

C.

An increase in sales due to the increasing popularity of their brand.

D.

An increase in sales before a major religious festival

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