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Other, Business, Life Skills
10th -
11thgrade
Types of Business Activities
15 questions
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- 1. Multiple Choice
Which of the following statements about business is INCORRECT?
A system where goods are manufactured and distributed free of cost.
An organisation where people work for meeting their own needs.
All businesses are established for the same purpose.
All of these
- 2. Multiple Choice
To which type of businesses belong the education, entertainment and information technology?
Manufacturing
Hybrid
Service
None of these
- 3. Multiple Choice
A grocery store is an example of which type of business activity?
Service
Merchandising
Manufacturing
Hybrid
- 4. Fill in the Blank
A ______________ business is a mixed type of business.
- 5. Multiple ChoiceWhat do we call a person who is willing to take the risks of starting a business in order to make a profit?ProprieterPartnerEntrepreneurIncorporater
- 6. Multiple Choice
Which sector is involved in providing client services?
Primary sector
Secondary sector
Tertiary sector
Quatenary sector
- 7. Multiple Choice
Which of the following companies belong to the Primary sector?
mining companies
merchandising companies
hospitals
schools
- 8. Multiple Choice
Which of the following refers to the business of buying and selling or bartering commodities?
sector
industry
trade
service
- 9. Multiple Choice
The more feasible the business, the lower the growth potential.
true
false
- 10. Multiple Choice
Lifestyle start ups are companies which are formed to make an impact in the community by helping others.
true
false
- 11. Multiple Choice
Hospitals and schools are examples of manufacturing businesses.
True
False
- 12. Multiple Choice
Merchandising is the most common type of business nowadays.
true
false
- 13. Fill in the Blank
________________ refers to the trading of goods and services through the online market over the internet.
- 14. Multiple Choice
Which manufacturing industry is involved in the combining of various ingredients to create a new product?
analytical
synthetical
assembling
processing
- 15. Multiple Choice
Which refers to the selling or supplying of products and services to other countries?
export
import
entrepot
- Answer choicesTagsAnswer choicesTags