WorksheetsUnit 1 Business and Society
Total questions: 37
Worksheet time: 19mins
A producer is someone who
makes things.
sells products.
is very creative.
employs others.
Farms, mines, and lumber companies are examples of
raw-goods producers.
builders.
manufacturers.
trade industries.
A company that transforms cotton into wearable clothing is considered a
manufacturer.
raw-goods producer.
service business.
builder.
Emilia works for a company that constructs houses and business facilities. Which type of producer does she work for?
A builder
A raw-goods producer
A manufacturer
A trade industry
Rembert works for a grocery store that buys food from producers and sells it to customers. The grocery store is considered a
trade industry.
service business.
raw-goods producer.
builder.
The two main divisions of the trade industry are
wholesalers and retailers.
producers and retailers.
manufacturers and wholesalers.
wholesalers and producers.
Determine whether the following statement is true or false: Trade industries all have the same form of ownership.
False; they may be independent or belong to a chain.
True; they all belong to a chain.
True; they are all independently owned.
False; they may be corporations or partnerships.
Which of the following describes the services offered by trade industries:
They may be limited or full line.
They are always limited.
They vary from day to day.
They are always full line.
Businesses in trade industries that offer discount prices usually offer
limited services.
full services.
plush interiors.
elaborate fixtures.
Retailing takes place whenever goods are
sold to the ultimate consumer.
offered for sale.
exchanged for other goods.
sold in a retail establishment.
Which of the following statements about wholesale trade businesses is true:
They operate from a variety of business premises.
They operate only from mail-order warehouses.
They operate only from distribution centers.
They operate in areas convenient to ultimate consumers.
What do service businesses sell?
Intangible activities
Retail merchandise
Raw goods
Wholesale merchandise
A large retailer feels that it has a duty to contribute to the well-being of society, so it donates a portion of its proceeds to a charity that helps the environment. The retailer is demonstrating
social responsibility.
wholesaling.
voluntary chains.
e-tailing.
One way in which a business can show its social responsibility is by __________ its profits.
maximizing
dividing
reducing
controlling
Businesses can show their social responsibility by contributing to
public interests.
pollution.
private causes.
promotion.
A socially responsible business will attempt to give customers
the best products at the best prices.
lower quality products at reduced prices.
high-quality products at high prices.
the best products no matter what they cost.
Social responsibility should be part of the objectives of __________ businesses.
all
nonprofit
-government
specialized
A business that produces a product should be socially responsible to the __________ of the product.
users
endorsers
providers
producers
The connection between the social responsibility of a business and the community in which the business operates is that the business’s social responsibility __________ the community.
has an effect on
depends upon
targets only
targets the area outside
One way in which many businesses demonstrate their social responsibility toward employees is by providing them with
a safe, secure working environment.
free meals.
regular entertainment.
a stress-free atmosphere.
Sells products online.
Direct Sales
E-tailer
Franchise
Freemium
Is free till you want extras
Direct Sales
E-tailer
Franchise
Freemium
Sells their brand name and helps you start the business.
Direct Sales
E-tailer
Franchise
Freemium
Is also known as MLM and usually is someone that builds a relationship with their customers.
Direct Sales
Brick and mortar
e-tailer
Freemium
Spotify is known as______________
Direct Sales
Brick and mortar
e-tailer
Freemium
Candy Crush is known as______________
Direct Sales
Brick and mortar
e-tailer
Freemium
Is mailed or renewed by companies. Customers choose when they receive the product
Brick and Mortar
Direct Sales
Subscription
MLM
This is a business in a building
Brick and Mortar
Direct Sales
Subscription
MLM
Subway is know as_________
Brick and Mortar
Direct Sales
Subscription
Franchise
Tupperware is known as_________
Brick and Mortar
Direct Sales
Subscription
Franchise
Bark Box is known as_________
Brick and Mortar
Direct Sales
Subscription
Franchise
Walmart is known as_________
Brick and Mortar
Direct Sales
Subscription
Franchise
Pizza Hut is known as_________
Brick and Mortar
Direct Sales
Subscription
Franchise
Amazon is known as_________
Brick and Mortar
E-tailer
Subscription
Franchise
Netflix is known as_________
Brick and Mortar
E-tailer
Subscription
Franchise
A business that sells products directly to the consumers is known as a _________
Wholesaler
Retailer
Manufacturer
Raw-goods producer
Which of the following is a characteristic of a socially responsible business?
Maximizing profits at all costs
Ignoring environmental concerns
Providing quality products at fair prices
Exploiting labor
