Classifying Types of Services and Business Objectives

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11 Questions

What are some objectives of businesses as mentioned in the text?

Profit, social consciousness, and power

Which of the following is NOT a classification of services as per the text?

Marketing

What are some factors to consider when choosing a business according to the text?

Training and education, special aptitude

Which objective of business focuses on the creation and distribution of goods and services?

Social consciousness

Under the classification of services in the text, which industry falls under 'Personnel'?

Restaurants

What is the main focus of INDUSTRY?

Production of goods

Which industry involves converting raw materials into finished products?

Manufacturing Industry

What kind of activities does COMMERCE primarily involve?

Trading and buying

Which industry is involved in agriculture, forestry, and fish culture?

Genetic Industry

In BUSINESS, what is the purpose of buying and selling goods or services?

Generating profit

Which industry involves the extraction of goods from natural resources?

Genetic Industry

Learn about the classification of services like recreation, personnel, and finance, as well as the objectives of why people go into business including profit, prestige, family control, and social consciousness.

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