EMS Grade 8 Question Preview (ID: 42602)


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Basic Conditions of Employment Act
a) Number of hours people work without a break
b) Maximum hours of work per week
c) Leave entitlement (annual leave, pregnancy and sick leave
d) All

Basic Conditions of Employment Act
a) Payment of work done
b) Allowed deductions from wages/ salaries
c) Notice of termination of employment
d) All

Definition of Natural Resources
a) Objects from the sea
b) Natural uses of material from the planet that are used for goods and services
c) Recycleable goods
d) None

Examples of natural resources
a) Land. vegetation
b) Minerals
c) Water
d) All

What is production
a) The process of transforming naturally occurring resources that provide little satisfaction in their natural state
b) Transferred to goods and services provide more satisfaction
c) All
d) None

Entreprenneurship
a) Brings together capital, labour only
b) Brings together capital, labour, natural resources to provide products and services
c) It organises the 3 other factors to provide goods and services
d) 2 and 3

Does the entrepreneur take on a risk
a) True
b) False
c) No
d) Maybe

What is the risk?
a) Puts in all the money
b) Entrepreneur is not sure if the product will be successful
c) Entrepreneur does not get involved
d) None

Characteristics of an Entrepreneur
a) Hard working
b) Prepared to take risks
c) Innovative
d) All

Characteristics of an Entrepreneur
a) Prepared to perservere
b) good with people
c) Motivated, able to work on their own
d) All

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