Provision of Goods and Services Quiz

What is the primary purpose of business activity?

• To reduce environmental impact

• To create jobs for the community

• To support government policies

• To provide goods and services that customers want to buy

Which of the following is an example of a durable good?

• Food

• Television

• Shampoo

• Toothpaste

What distinguishes goods from services?

• Goods are intangible, services are tangible

• Goods can be stored, services cannot

• Services are always more expensive than goods

• Goods are provided by the public sector only

Which of the following is a personal service?

• Logistics and transportation

• Warehousing

• Car repair

• Stock management

What is an example of a non-durable good?

• Personal hygiene product

• Motor vehicle

• Cooker

• Machinery

Which sector provides goods and services to the general public?

• Non-profit sector

• Private sector only

• Public sector only

• Both private and public sectors

What is a characteristic of producer goods?

• Used to produce other goods or services

• Always intangible

• Used by end consumers

• Always non-durable

Which of the following is an example of a commercial service?

• House cleaning

• Car wash

• Insurance

• Hairdressing

What is the definition of 'tangible'?

• Something that cannot be touched

• Something that can be touched and physically held

• Something that is always expensive

• Something that is intangible

Which of the following is NOT a category of consumer goods?

• Non-durable goods

• Producer goods

• Durable goods

• Intangible goods