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WorksheetsBusiness Connections (EC-070)
Total questions: 20
Worksheet time: 10mins
A producer is someone who
sells products.
is very creative.
makes things.
employs others.
Farms, mines, and lumber companies are examples of
builders.
manufacturers.
trade industries.
raw-goods producers.
A company that transforms cotton into wearable clothing is considered a
raw-goods producer.
manufacturer.
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
producers and retailers.
manufacturers and wholesalers.
wholesalers and retailers.
wholesalers and producers.
Determine whether the following statement is true or false: Trade industries all have the same form of ownership.
True; they all belong to a chain.
True; they are all independently owned.
False; they may be corporations or partnerships.
False; they may be independent or belong to a chain.
Which of the following describes the services offered by trade industries:
They are always limited.
They vary from day to day.
They are always full line.
They may be limited or full line.
Businesses in trade industries that offer discount prices usually offer
full services.
limited services.
plush interiors.
elaborate fixtures.
Retailing takes place whenever goods are
offered for sale.
exchanged for other goods.
sold to the ultimate consumer.
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?
Retail merchandise
Raw goods
Wholesale merchandise
Intangible activities
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.
voluntary chains.
wholesaling.
e-tailing.
One way in which a business can show its social responsibility is by __________ its profits.
dividing
maximizing
controlling
Businesses can show their social responsibility by contributing to
pollution.
public interests.
private causes.
promotion.
A socially responsible business will attempt to give customers
lower quality products at reduced prices.
high-quality products at high prices.
the best products at the best prices.
the best products no matter what they cost.
Social responsibility should be part of the objectives of __________ businesses.
all
government
nonprofit
specialized
A business that produces a product should be socially responsible to the __________ of the product.
endorsers
users
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.
depends upon
targets the area outside
targets only
has an effect on
One way in which many businesses demonstrate their social responsibility toward employees is by providing them with
free meals.
a safe, secure working environment.
regular entertainment.
a stress-free atmosphere.
