Font size
WorksheetsFORMS AND ECONOMIC ROLES OF BUSINESS ORGANIZATION, M4
Total questions: 10
Worksheet time: 8mins
This type of business does not provide tangible products but instead offers professional skills, expertise, advice, and other similar products.
SERVICE BUSINESS
MANUFACTURING BUSINESS
MERCHANDISING BUSINESS
HYBRID BUSINESS
This type of business buys products at wholesale price and sells them at a retail price. They are known as ‘buy and sell’ business.
SERVICE BUSINESS
MANUFACTURING BUSINESS
MERCHANDISING BUSINESS
HYBRID BUSINESS
Are companies that may be classified in more than one-type of business
SERVICE BUSINESS
MANUFACTURING BUSINESS
MERCHANDISING BUSINESS
HYBRID BUSINESS
A type of business that buys products with the purpose of using them as materials in making a new product. With this, there is a transformation of products purchased.
SERVICE BUSINESS
MANUFACTURING BUSINESS
MERCHANDISING BUSINESS
HYBRID BUSINESS
This is a from of business that is owned by only one person.
(a)
Is a form of business, owned by two or more persons who contribute resources into the entity. L
(a)
Is a form of business in which a group of people acts together as a single entity
(a)
Is a business organization owned by a group of individuals and is operated for their mutual benefit.
(a)
Business is the engine of an economy. Business provides jobs that allow people to make money and good and services for others to purchase.
TRUE
FALSE
Is an organization or an enterprising entity that uses economic resources to provide goods or services to customers in exchange for money or other goods or services.
(a)
