Business Basics
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Questions and Answers

What is a common way to describe or define a business?

  • By the number of employees
  • By its location
  • By the type of technology used
  • By the type of ownership (correct)

What is a characteristic of some businesses?

  • They are all small
  • They are all internet-based
  • They are all run by women
  • They employ thousands of people (correct)

What is produced or offered by some businesses?

  • Only goods
  • Both goods and services (correct)
  • Neither goods nor services
  • Only services

What can a business provide to a community?

<p>Functions or jobs (C)</p> Signup and view all the answers

How many people can run a business?

<p>Only one person (B)</p> Signup and view all the answers

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