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Business Essentials 2.01 - 2.02 Review

Authored by Diane Coffing

Business

9th - 12th Grade

40 Questions

Used 27+ times

Business Essentials 2.01 - 2.02 Review
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A large retailer wants to contribute to the well-being of society. It donates 10% of its proceeds to a charity that helps the environment. The retailer is demonstrating:

e-tailing

wholesaling

social responsibility

voluntary merchandise

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do service businesses sell?

raw goods and services

retail goods and services

intangible goods and services

wholesale goods and services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The two main divisions of the trade industry are:

producers and retailers

wholesalers and retailers

wholesalers and producers

manufacturers and wholesalers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that buys goods or services and sells them to the ultimate consumer is a:

manufacturer

producer

retailer

wholesaler

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Monte works for a grocery store that buys food from producers and then sells it to customers. The grocery store is an example of a:

builder

trade industry

service business

raw-goods producer

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Retailing occurs wherever goods are:

researched and designed.

created or manufactured.

traded or exchanged for other goods.

sold to consumers or the ultimate customer.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All businesses should be socially responsible to whom?

endorsers

producers

providers

users

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