Introduction to Business - Chapter 5 - Section 5.1

Part of the change in employment is due to careers shifting from service jobs to manufacturing and agricultural work.

• True

• False

All of the jobs available when you are ready to go to work is known as the __.

The __ is all of the activities related to making and distributing goods and services in an area.

Which would not be an example of a contingent worker?

• Freelance writer

• Lyft driver

• Teacher

• DoorDash delivery person

The largest category of businesses in terms of size are

• companies who employ fewer than 20 people

• companies who employ more than 10,000 people

• companies who employ 100 or more workers

• businesses with no employees other than the owner

When a large business opens in an area, other businesses will often locate there to support the larger business.

• True

• False

A business begins

• by raising capital

• by generating new ideas

• by employing personnel

• by buying goods and services

Which is not a basic activity of a business?

• Training personnel

• Selling products

• Keeping business records

• Marketing services

Which is not a major category of businesses?

• Service businesses

• Intermediaries

• Consumers

• Producers

A(n) __ is a type of producer that cultivates land and uses other natural resources to grow crops and raise livestock for consumption.