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WorksheetsReview Quiz
Total questions: 30
Worksheet time: 16mins
Which of the following is the characteristic of a business?
Production
Exchange or sale
Risk element
All the above
Oil refinery and sugar mill are classified under which industries?
Primary
Secondary
Tertiary
None of the above
Identify the activity which does not support trade?
Banking
Warehousing
Insurance
Manufacturing
In which business, the support service activities are categorized?
Commercial industries
Primary industries
Secondary industries
Tertiary industries
In business, why it is essential to make a profit?
It provides a return to investors.
It provides funds for future extension
It increases the reputation of a company
All the above
The exchange of goods and services without the use of money ______.
service
consumer
producer
barter
The barter system is the exchange of goods and cash.
True
False
There are no problems faced when people are using the barter system.
True
False
Which of the following person is a producer of goods
Hairdresser
Manufacturer
Surveyor
Garbage collector
Which of the following is one of the three functions of money?
scarcity
portability
divisibility
store of value
Medium of exchange:
Money is accepted in exchange for goods/services
Money is a measurement of value
Money can maintain value over time
Easily transferred from one person to another, to make the exchange of money for goods/services easier
Durability
Divisibility
Portability
Scarcity
What is a passport/visa?
Travel documents required for international travel.
A credit card.
Travel documents required for domestic travel.
A pass to get on a boat.
What is domestic travel?
Travel outside the home country.
Travel inside the home country.
Traveling and visiting a new area.
Travel to Canada.
What is tourism?
Act of traveling and visiting a new area.
Act of visiting your own city.
Act of traveling to school and back.
Act of taking a tour around down town.
Meeting the needs of guests with kindness and goodwill.
hospitality
host
recreation
franchise
Businesses that physically move travelers from one place to another.
travel package
travel industry
lodging
tourism
How do you handle a difficult customer who comes into the store for help?
Pass off the customer onto other TSI student
Hear customer out, calm customer and resolve situation
Be disrespectful back to the customer
Avoid interacting with the customer
Communication can be defined as the exchange of information, feelings, thoughts and ideas.
True
False
What type of communication is this?
verbal
nonverbal
True or False?
Marketing includes advertising, selling, and delivering products to consumers.
True
False
Asking survey questions aimed capturing needs, values, attitudes, behaviors and demographics.
ADVERTISING TESTING
BRAND AWARENESS AND REACH
MARKET SEGMENTATION
PRODUCT TESTING
Marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service or idea.
ADVERTISEMENT
ADVERTISING
DISPLAY ADS
SOCIAL MEDIA ADS
Based in the customer's perception alone.
Brand Identity
Brand Image
Brand Recall
Brand Recognition
Product
The cost to the buyer of goods or services
Informing customers about products and persuading them to buy them
Where goods or services are available
Goods or services that are sold
Price
Informing customers about products and persuading them to buy them
The cost to the buyer of goods or services
Where goods or services are available
Goods or services that are sold
Promotion
The cost to the buyer of goods or services
Where goods or services are available
Informing customers about products and persuading them to buy them
Goods or services that are sold
Place
Informing customers about products and persuading them to buy them
The cost to the buyer of goods or services
Goods or services that are sold
Where goods or services are available
