Types of Business according to activities
Authored by Mary Goneda
Business, Other
10th Grade
Used 19+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is an organization or economic system where goods and services are exchanged for one another or for money .
Business
Service Business
Merchandising Business
Manufacturing Business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They are known as "buy and sell" or "reseller" businesses. They make profit by selling their goods at prices higher than their purchase costs.
Service Business
Merchandising Business
Manufacturing Business
Sole Proprietorship
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A grocery store is an example of which type of business activity?
Manufacturing
Service
Merchandising
None of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It buys products with the intention of using them as raw materials to make a new product.
Manufacturing Business
Service Business
Merchandising Business
Partnership
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Spa is an example of which type of business activity?
Merchandising
Manufacturing
Service
All of the above
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