Wirtschaft Klasse 10–12

Busines Ethics

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Which of the following best describes the primary purpose of business organizations according to the text?

A To meet the needs, wants, and demands of customers

B To maximize profits for owners regardless of customer needs

C To provide employment opportunities in the community

D To compete with other businesses in the market

Which of the following is NOT a form of business organization mentioned in the text?

A Corporation

B Partnership

C Franchise

D Sole proprietorship

According to the text, business structures differ based on all of the following EXCEPT:

A Liability

B Degree of ownership

C Number of employees

D Funding sources

A business that extracts raw materials and processes them into finished goods would be classified under which type of business according to activity?

A Merchandising

B Manufacturing

C Sole proprietorship

D Service

Which of the following is an example of a merchandising business?

A A retail store selling clothing

B A bank offering loans

C A law firm providing legal advice

D A factory producing automobiles

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