Professional Documents
Culture Documents
Test Paper
Test Paper
I. IDENTIFICATION
Identify the following IF the statement is SERVICE, MERCHANDISING or
MANUFACTURING BUSINESS. Write your answer on the space provided.
_____________1. This type of business buys products at wholesale price and sells at the same at
retail price.
_____________2. Raw materials are available.
_____________3. Goods to be sold are produced by the company itself.
_____________4. Known as "buy and sell" business.
_____________5. It provides intangible products.
_____________6. It is the production of merchandise.
_____________7. It uses labour and machines, tools, chemicals and biological processing or
formulation.
_____________8. They make profit by selling the products at prices higher than their purchase
cost.
_____________9. It sells a product without changing its form.
_____________10. Refers to a range of human activity, but is commonly applied to industrial
design.
_____________11. Raw materials are transformed into finished goods.
_____________12. Goods to be sold are purchased from a supplier.
_____________13. Finished goods may be sold to other manufacturers for the productivity of
other more complex products, who in sell them to retailers.
_____________14. The process of it begins with the product design and materials specification
from which the product is made.
_____________15. It offers professional skills.
_____________16. The process of producing something according to an organized plan and with
the division of labor.
_____________17. One of the disadvantages of this type of business is the expense of installing
new fixtures, creating new signages and improving the overall appearance of your
retail space inside and out can add up quickly.
_____________18. Making of goods by hand or by machine that upon completion the business
sells to customers.
_____________19. It is the arrangement and design of goods and retail space to make buying
experience more attractive and fun for the customer.
_____________20. This type of business provides expertise and advice.
_____________21. It usually happens on a large-scale production line of machinery and skilled
labor.
_____________22. It uses tools and processes.
_____________23. It consist of product display, pricing, store layout, signage, promotional
events and all manner of other sales.
_____________24. One of the disadvantages of this type of business is purchasing/ adapting
machinery that are expensive.
_____________25. Supplies are used, no goods to be sold.
_____________26. Highly skilled personnel are required to operate machinery on this type of
business.
_____________27. It buys their products from a wide range of distributors domestically and
internationally and market their products in huge consumer shopping facilities.
_____________28. It purchase with the strict intent of reselling the items to customers.
_____________29. Refers to the variety of products and available for sale and the display of
these products in such a way that it stimulates interest and entices customers to
make a purchase.
_____________30. One of the advantages of this type of business is usually doesn't have any
inventory.
II. ENUMERATION
Give 5 EXAMPLES of companies/stores who do SERVICE, MERCHANDING, and
MANUFACTURING BUSINESS.
2 2 2
3 3 3
4 4 4
5 5 5