Topic 4
Multiple Choice
1. Intellectual property can be safeguarded by:
A. Copyright, trade mark and patent
B. Copyright, trade mark and usage
C. Patent registration
D. it can never be safeguarded due to piracy.
2.
Cyclical unemployment occurs because:
A. Economic cycles
such as recessions can force businesses to retrench some of their
workers.
B. Some jobs are just
for a specific season and then the position becomes unavailable.
C. Sometimes it is
necessary to restructure the workplace because of new technology.
D. There is always
some movement of jobs because of new positions opening.
Short Questions
3. Mention the positive reasons for collective
bargaining. (6)
4.
What is the result of poverty as a socio-economic issue? (6)
5.
Define the macro business environment. (4)
6. What is meant by
the term "inflation" and how is it measured? (4)
7.
Supply ONE word or term for the following definitions:
7.1 Issues such as a
high birth rate, poverty, HIV/Aids, unemployment, and a lack of education and skill. (2)
7.2 A type of crime
committed by a person of high status using the funds of the
business. (2)
8.
Explain the following concepts in your own words:
a) economic crime (2)
b)
ethical misconduct (2)
c)
dumping (2)
d)
piracy (2)
e)
trade union (2)
Longer Questions
9. List and briefly explain five functions of a trade
union. (10)
10. Critically discuss
crime as a result of disease, poverty and unemployment. (12)
Topic 5
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