Which of the following can be used to differentiate skilled and unskilled labour?
Education and training
Available resources
Level of commitment
Salaries and wages
Correct answer is A
Unskilled labor, when measured by educational attainment, refers to jobs that require a high school diploma only, or could be filled by a high school dropout who masters specific skills. Skilled labor requires additional skills or education.
The wealth of a nation depends on the volume of its?
bilateral trade activities
commercial activities
multilateral trade activities
stock market
Correct answer is B
Commercial activity is an activity intended for exchange in the market with the goal of earning an economic profit. Simply put, activities involving or relating to the buying and selling of goods
Which Commerce Question Paper is given to you?
Type A
Type B
Type C
Type D
Correct answer is B
No explanation has been provided for this answer.
A firm that disposes its wastes properly is discharging its?
community responsibility
evironmental responsibility
civic responsibility
social responsibility
Correct answer is B
The environmental responsibility of a firm consists of respect to the environment where the firm is situated, making rational use of natural resources and taking steps to prevent pollution from the different processes involved in industrial operations.
The economic environment of a business is concerned with?
climate conditions
changing values
the growth rate
the interest rate
Correct answer is C
Economic environment of business is made up of all the external economic factors that influence buying habits of consumers and businesses and affect the performance of a company.