Other questions in this quiz

2. Why do firms use break even analysis

  • to calculate in advance the level of output needed to break even
  • to measure profit
  • to measure a loss over a period of time

3. Define a Autocratic leader

  • take top-down decisions without consulting employees to find out their views. they may provide very little information on the reasons for the decision
  • A leader that makes employees contribute to decision making

4. Which one of these is an example of a fixed ost

  • Raw materials
  • Rent
  • electricity

5. Definition of want

  • Something that you is essential
  • Something that is desired
  • Something that you need


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