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Q1 Question
The classical theory of the firm deals with the primary objective of commercial organisations.
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Which of the following explains how a public sector organisation obtains its funds?
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(a) From direct and indirect taxes [KEY]
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Q3 Question
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Which of the following describes an economic market that is controlled by two main suppliers?
(a) Monopoly
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Q5 Question
(b) The level of price in a market that allows a company to recover all its costs
(c) The price at which the level of supply in a market exceeds the level of demand
(d) The price at which the level of supply in a market matches the level of
demand. [KEY]
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(b) Profitability
(c) Abandonment
(d) Regeneration.
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Q7 Question
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Q9 Question
Which of the following is a direct benefit to an organisation of implementing a successful health and
safety policy?
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An organisations equal opportunities policy should be concerned with which of the following?
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