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Questions and Answers
is an entity in which
economic resources or
inputs, such as material
and labor, are put
together and
processed to provide
goods or services to
customers.
is an entity in which economic resources or inputs, such as material and labor, are put together and processed to provide goods or services to customers.
- business (correct)
- business organization
- coorporation
- corporation
is a type of business that provides intangible products. Some needed
people to deliver service and some needed goods to deliver service.
is a type of business that provides intangible products. Some needed people to deliver service and some needed goods to deliver service.
- merchandising business
- hybrid
- service business (correct)
- manufacturing business
is also known as “buy and sell” where businessman buys good at a
certain cost and sells it on a much higher price to earn a profit.
is also known as “buy and sell” where businessman buys good at a certain cost and sells it on a much higher price to earn a profit.
- service business
- manufacturing business
- hybrid
- merchandising business (correct)
is a type of business buys raw materials and converts these materials into
a new type of product.
is a type of business buys raw materials and converts these materials into a new type of product.
is a combination of 2 or more types of business.
is a combination of 2 or more types of business.
is a collection of
people working
towards goals.
is a collection of people working towards goals.
is a collection of
people working
towards similar
goals while
maintaining its
capacity to
generate income.
is a collection of people working towards similar goals while maintaining its capacity to generate income.
is an activity of
generating income
by means of
buying and selling.
is an activity of generating income by means of buying and selling.
This is a form of business owned by a
single person. Some common subtypes
are self-employment and franchise.
This is a form of business owned by a single person. Some common subtypes are self-employment and franchise.
