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Role of Business in Society Quiz - S3

Total questions: 17

Worksheet time: 17mins

Name
Class
Date
1.

What is the primary aim of a business?

a)

To increase government taxes

b)

To reduce environmental impact

c)

To maximize employee benefits

d)

To satisfy customers' needs and wants

2.

Which of the following is a basic need, essential for survival?

a)

Mobile phones

b)

Holidays

c)

Luxury cars

d)

Food

3.

What are goods in the context of business?

a)

Products that you cannot hold or touch

b)

Services provided by the government

c)

Products that you can see and touch

d)

Experiences like a visit to the cinema

4.

Which of the following is an example of a service?

a)

Laptops

b)

Clothes

c)

Public transport

d)

Food

5.

What are wants in the context of business?

a)

Services provided by the public sector

b)

Products that are intangible

c)

Luxuries we would like to have but don’t need to survive

d)

Basic requirements for survival

6.

What is a consumer in business terms?

a)

A person who sells products

b)

A person who uses a product and may also buy it

c)

A business that provides services

d)

A person who buys a product but doesn't use it.

7.

True or false: A CUSTOMER is an individual who purchases a product even though they might not consume or use it.

a)

True

b)

False

8.

Services are (a)   . You can't see or touch them but they are provided to you.

9.

Which two letters help us remember the 3 sectors of industry

(a)  

10.

Organize these options into the right categories

Categorize the following

Primary

Secondary

Tertiary

Public

Private

Third

Sector of Industry
Sector of Economy
11.

Which sector applies to this organisation?

12.

Private sector organisations aim to make a (a)  

13.

Match the following

a)

A Dairy Farm

1.

Primary sector

b)

A car factory

2.

Secondary sector

c)

A bank

3.

Tertiary sector

d)

A large oil company

4.

All of these

14.

Which of the following are in the THIRD sector of the economy

a)

NHS Hospital

b)

The Scouts

c)

Cancer Research

d)

Stagecoach busses

15.

Organize these options into the right categories

Categorize the following

Phone

Jumper

Mars bar

Toilet paper

Antiseptic wipe

Haircut

Hair clippers

Hotel stay

Laptop

Bicycle

Spa treatment

Car rental

House cleaning service

Durable good
Non durable good
Service
16.

Which of the following is an example of a tangible product?

a)

Cinema visit

b)

Online courses

c)

Smartphones

d)

Insurance policies

17.

Who OWNS public sector organisations?

a)

Shareholders

b)

Other companies

c)

A social enterprise

d)

The government / tax payers