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1.03 Characteristics Of The Revenue And Products Of Businesses
Test Description: Business classification of the product and how the revenue is handled
Instructions: Answer all questions to get your test result.
1) People can make tax-deductable donations to this business' capital
A
Product Business
B
Non-profit making business
C
Service Business
D
Profit making business
2) This business sells a product and provides a service at the same time
A
Non-Profit Business
B
Product Business
C
Combination Business
D
Service Business
3) Taxi Drivers and Lawyers are in this type of business
A
Goods Business
B
Service Business
C
None of the choices are correct
D
Combination Business
4) Apple, Sony, and The Gap are examples of what type of business
A
Profit Business
B
Service Business
C
Non-profit Business
D
Combination Business
5) The American Red Cross, Salvation Army, and St. Jude's Children's Hospital are examples of what type of business?
A
Combination Business
B
Profit Business
C
Service Business
D
Non-profit Business
6) Target, Walmart, an Old Navy are examples of this type of business
A
Combination Business
B
Service Business
C
Non-profit Business
D
Products Business
7) Automobile Dealerships and Hair Salons are an example of this type of business
A
Combination Business
B
Product Business
C
Non-profit Business
D
Service Business
8) Retailers and distributors that sells goods to consumers and other businesses are this type of business
A
Services Business
B
Non-profit Business
C
Combination Business
D
Products Business
9) A business that runs to earn more revenue than expenses is known as what type of business?
A
Service Business
B
Combination Business
C
Non-profit Business
D
Profit Business
10) This type of business makes only enough revenue to operate the business
A
Non-profit Business
B
Profit Business
C
Product Business
D
Service Business
*select an answer for all questions
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