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WorksheetsBusiness Characterisitics
Total questions: 10
Worksheet time: 10mins
Which type of business produces processed goods by changing raw goods into a more finished form?
Intermediaries
Service Firms
Processors
Producers
Which of the following is an example of a non-profit organization?
Beauty salon
Salvation army
ITT technical institute
Amazon
The employment process is carried out by which department?
Marketing
Distribution
Management
Human resources
4. Intrinsic motivation occurs internally and includes enjoyment and accomplishment.
True
False
Group training gives employees hands-on practice with supervision.
True
False
A system used to record, classify, summarize and report the financial position of a business is known as which of the following?
Management
Distribution
Accounting
Human resources
Which of the following is the goal of the finance department?
Setting prices high enough to make profit but low enough to attract customers
Motivating employees and focusing on cooperation within the business
Producing goods in the most efficient and cost-effective manner
Determining the use of company resources and funds
The focus of the maturity stage (stage 3) in the product life cycle is to build customer satisfaction and recognize competitors entering the market.
True
False
Psychological needs are those for necessities such as safety, security and health.
True
False
Which of the following is NOT one of the modes of transportation distribution typically uses?
Cable
Railroads
Trucks
Waterways
