43
Which of the following is a limitation of division of labour?
- A. Decline in craftmanship
- B. Monotony of work
- C. Reduction in output
- D. Reduction in labour force
44
Resources obtained from the extractive sector that are transformed into finished products are examples of?
- A. primary production
- B. tertiary production
- C. direct production
- D. secondary production
45
The creation of goods and services to satisfy human wants is referred to as?
- A. manufacturing
- B. commercialization
- C. production
- D. entrepreneurship
46
Service rendered to the public is provided by?
- A. governement
- B. civil servants
- C. professionals
- D. domestic servants
47
An oil exploration company is engaged in?
- A. tertiary production
- B. constructive occupation
- C. extractive occupation
- D. secondary production
48
The three main classification of occupation are?
- A. construction, trade and services
- B. manufacturing, industry and services
- C. farming, banking and trading
- D. industry, commerce and services
49
The most important function of commerce is in?
- A. enhancing business relationships
- B. helping people to improve their profits
- C. facilitating exchange among individuals and firms
- D. assisting trade through banking and insurance