Provision of Goods and Services Quiz

What is the primary purpose of business activity?

• To provide goods and services that customers want to buy

• To reduce environmental impact

• To create jobs for the community

• To support government policies

Which of the following is an example of a tangible good?

• Internet access

• Hairdressing

• A book

• Train journey

What are consumer goods?

• Services provided to businesses

• Goods used by end consumers

• Intangible actions provided to customers

• Goods used by businesses to produce other goods

Which of the following is a durable good?

• Personal hygiene products

• A TV

• Food

• House-cleaning products

What is a characteristic of non-durable goods?

• They last for more than 3 years

• They are intangible

• They are used by businesses to produce other goods

• They do not last for a long time

Which of the following is an example of a personal service?

• Warehousing

• Car repair

• Stock management

• Logistics and transportation

What defines a commercial service?

• Intangible actions that cannot be stored

• Services provided to individual people

• Services usually provided to businesses

• Goods that can be touched and stored

Which of the following is an example of a producer good?

• A sofa

• Machinery

• Food

• A TV

What is the difference between goods and services?

• Goods are intangible, services are tangible

• Goods can be stored, services cannot

• Services are always more expensive than goods

• Services are tangible, goods are intangible

Which of the following is an example of a non-durable good?

• A motor vehicle

• A telephone

• Food

• A cooker