NSSCO Business Studies (6144) Practice Questions - Namibia Senior Secondary Certificate Ordinary Level Business Studies (Syllabus 6144) Exam

According to the NSSCO Business Studies syllabus, what is the fundamental purpose of business activity?

To combine resources to produce goods and services that satisfy people’s needs and wants To eliminate all competition in a market To ensure every citizen receives the same income To replace the role of government in society

Correct Answer:

To combine resources to produce goods and services that satisfy people’s needs and wants

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