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WorksheetsBUSINESS CH 3-4 TEST
Total questions: 22
Worksheet time: 22mins
Standing up for what you believe is right is called:
Responsibility
Integrity
Honesty
Being committed to certain people or groups is called:
Respect
Loyalty
Empathy
Taking care of all aspects of your job is called:
Responsibility
Concern
Empathy
Understanding another person's point of view is called:
Loyalty
Sympathy
Empathy
Keeping other people's personal information private is called:
Respect
Loyalty
Confidentiality
Considering the feelings and viewpoints of others when you act is called:
The Golden Rule
Emapthy
Respect
Treating others as you would like to be treated is called:
Empathy
The Golden Rule
Respect
Businesses that create goods and services are called:
Intermediaries
Service Businesses
Producers
People and businesses that sell the goods and services from producers to customers are called:
Intermediaries
Service Businesses
Producers
Businesses that earn profits by providing consumers with services that meet their needs and wants are called:
Intermediares
Service Businesses
Producers
Businesses that purchase large quantities of products directly from producers and sell the products in smaller quantities to retailers are called:
Wholesalers
Retailers
Customers
Businesses that buy products from wholesalers or directly from producers and sell them to consumers to make a profit is called:
Wholesalers
Retailers
Intermediaries
A business that is owned and often operated by a single individual is called:
Partnership
Sole Proprietorship
Corporation
An association of two or more persons who co-own a business with the objective of earning a profit is called:
Partnership
Corporation
Sole Proprietorship
A business that is legally separate from its owners is called:
Partnership
Corporation
Sole Proprietorship
The type of market made up of customers who buy products for their own use is called:
Government
Business
Consumer
The type of market made up of customers who buy products for use in a business is called:
Business
Consumer
Government
The type of market made up of customers who are in the national, state, and local government offices and agencies are called:
Consumer
Government
Business
A disadvantage for a sole proprietorship is that you get to set your own hours.
True
False
An advantage of a partnership is that the skills are resources of the partners can be combined.
True
False
A disadvantage of a corporation is there is double taxation.
True
False
A disadvantage of a partnership is that there could be potential disagreements between the partners.
True
False
