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</p> Signup and view all the answers

    How many people can run a business?

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

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