Business topics review

Which of the followings are considered needs:

• Health, shelter, water, games.

• Health, water, food, shelter.

• Health, water, designer shoes, food.

What can it be considered as Capital?

• The territory and surface where the production takes place.

• The transport and distribution.

• The supplies and assets, necessary to build a business.

A trademark is…

• A sign that shows your superiority.

• A sign, which can distinguish your goods from others

• A sign that represents the intellectual capital.

When does the extraction of resources happen?

• The primary sector.

• The secondary sector.

• The tertiary sector.

Which of the following belong to the primary sector.

• Mining, farming, husbandry, building, and construction.

• Mining, fishing, farming, social service, and consultancy.

• Mining, farming, husbandry, forestry.

What is included in the quaternary sector?

• Intellectual activities.

• Only commercial services.

• Primary activities.

Which of the following best describes a product?

• It is tangible.

• It is an invisible product.

• It is a need.

Which statement best defines “human capital”?

• The amount a company pays its employees

• The number of workers who invest in the company.

• The number of people working in a company.

A retailer…

• Sells goods directly to the consumer.

• Sells goods at a lower price than the wholesaler.

• Buys goods at a cost price from the producer.

What is the role of the purchasing department?

• To take care of storing and transporting the products.

• To make a production plan according to the orders they receive.

• To contact suppliers to have raw materials delivered on time.