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Quiz (10 Minutes)

1. Define the following types of business according to activities. Limit your answers to maximum of 3
sentences on each type.
a. Service concern
b. Merchandising
c. Manufacturing
d. Hybrid
e. Agriculture

2. Give two (2) examples of business on each type of business.

3. Differentiate merchandising from manufacturing using the Venn diagram.

Quiz (10 Minutes)

4. Define the following types of business according to activities. Limit your answers to maximum of 3
sentences on each type.
f. Service concern
g. Merchandising
h. Manufacturing
i. Hybrid
j. Agriculture

5. Give two (2) examples of business on each type of business.

6. Differentiate merchandising from manufacturing using the Venn diagram.

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