Understand business markets
Your Score: 0/4
Question 1 of 4
A monopsony market is one where
There is one seller who can control prices
One single buyer can control market prices
There are many competitors selling similar products
There are a few large buyers for a product or service
Which one of the following is least likely to influence the goals of an organisation?
the economy
supply chain
legislation
demand
Intellectual Property Law protects:
consumers
all employees and visitors
property sales and rental
patents, trademarks, designs and copyrights
A social enterprise can be set up as
a sole trader
Any of the above
a partnership
a limited company
Quiz Complete!
You scored: 0 out of 4