Act as the middleman and get goods produced by manufacturers to the intended consumers; they make their profits by marking up their prices.
The Role of Business in Social and Economic Development

Quiz
•
Business
•
12th Grade
•
Medium

Eddieliza Paz
Used 7+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Service Business
Retailers and Distributors
Utilities
Manufacturers
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Policy should be specific/definite.
Simple
Flexible
Stable
Specific
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Refers to the level of even-handedness in dispensing justice, whereby claims are recognized in the order of their legal and contractual priority.
Justice
Transparency
Fairness
Stewardship
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The unwritten rules or guidelines that are peculiar to every culture or organization and are supposed to be observed by all parties.
Decorum
Policies
Protocol
Advertising
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Policy must be unambiguous.
Clear
Stable
6.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
To have a ______ career.
7.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
To make money and have financial ____________.
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