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WorksheetsClassification of Firms
Total questions: 11
Worksheet time: 21mins
To which sector does China CITIC bank belong?
Primary Sector
Secondary Sector
Tertiary Sector
Public Sector
To which sector does 中国电网 belong?
Primary Sector
Secondary Sector
Private Sector
Public Sector
To which sector does Coca-Cola belong?
Primary Sector
Secondary Sector
Tertiary Sector
Public Sector
To which sector does rice production belong?
Primary Sector
Secondary Sector
Private Sector
Public Sector
Select all the ways in which a company's size can be measured
Number of locations
Output
The price of its products
Number of employees
Capital Intensive production is when a firm uses more machinery than labor to produce it's products
True
False
Labor Intensive production is when a firm uses more labor than machines to produce it's products. For example, tea picking.
True
False
A manufacturer of refridgerators produces 20,000 fridges a month and has 1,000 workers. Calculate the labour productivity?
(a)
The Primary Sector includes firms in the mining, farming, and fishing industries
True
False
To which sector does Meituan belong? (select all that apply)
Primary Sector
Secondary Sector
Tertiary Sector
Private Sector
What is true about the relationship between Profit, Revenue, and Costs?
Profit = Revenue + Cost
Profit = Revenue = Cost
Profit = Revenue - Cost
Profit = Cost - Revenue
