BM1803

NAMES: SECTION: DATE: SCORE:

Answer the items below. (6 items x 5 points)

1. In no more than three (3) sentences, explain the importance of case analysis.

Answer:

2. In no more than three (3) sentences, explain the purpose of setting up a business.
Answer:

3. Give an example of a situation where an economic model is being implemented.

Capitalism

Communism

01 Activity *Property of
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 BM1803

Socialism

4. In no more than three (3) sentences, differentiate commerce from industry. Cite an example.
Answer:

Rubric for grading:

CRITERIA PERFORMANCE INDICATORS POINTS
Provided pieces of evidence,
Content supporting details, and factual 3
scenarios
Used correct grammar,
Grammar punctuation, spelling, and 1
capitalization
Expressed the points in clear and
Organization
logical arrangement of ideas in 1
of Ideas
the paragraph
TOTAL 5

01 Activity *Property of
STI