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CH 5.2 Business Opportunities

Total questions: 14

Worksheet time: 9mins

Name
Class
Date
1.

1)A business that sells its products only in its own country

a)

Private Sector

b)

Domestic Business

c)

Global Business

d)

For-profit Business

2.

A group that functions like a business but uses the money it makes to fund the cause identified in its charter.

a)

For-profit Business

b)

Industry

c)

Derived Demand

d)

Non-profit Organization

3.

The process of creating goods and services

a)

Management

b)

Accounting

c)

Production

d)

Wholesaler

4.

The function of business that involves money management

a)

Accounting

b)

Production

c)

Management

d)

Finance

5.

A business that sells its products to more than one country.

a)

For-Profit Business

b)

Domestic Business

c)

Global Business

d)

Wholesaler

6.

The operation/function that keeps track of a company's financial situation

a)

Finance

b)

Production

c)

Accounting

d)

Management

7.

government financed agencies

a)

Private Sector

b)

Wholesaler

c)

Retailer

d)

Public Sector

8.

a business that sells to retailers

a)

Retailer

b)

Domestic Company

c)

Wholesaler

d)

Global Company

9.

The process of achieving company goals by effective use of resources through planning, organizing, and controlling.

a)

Accounting

b)

Production

c)

Management

d)

Finance

10.

Businesses not associated with government agencies.

a)

Domestic Business

b)

Public Business

c)

Global Business

d)

Private Business

11.

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

a)

Wholesaler

b)

Retailer

c)

Global Business

d)

Gas Station

12.

Group of establishments (businesses) that produce similar products or provide similar services

a)

Non-profit Business

b)

Management

c)

Retailer

d)

Industry

13.

A business that seeks to make a profit from its operations.

a)

Domestic Business

b)

Retailer

c)

For-profit Organization

d)

Global business

14.

Demand in the organizational market that is based on, or derived from, the demand for consumer goods and services.

a)

Management

b)

Private Sector

c)

Derived Demand

d)

Public Sector