Production - JSS1 Business studies Past Questions and Answers - page 1
What is production?
Creating goods and services to satisfy human wants.
Selling goods in the market.
Extracting resources from nature.
None of the above.
Which industry involves obtaining raw materials from nature?
Extractive Industry.
Manufacturing Industry.
Constructive Industry.
Commerce Industry.
What does the manufacturing industry involve?
Converting raw materials into finished goods.
Providing transportation services.
Storing goods in warehouses.
None of the above.
Which type of production involves building roads and bridges?
Extractive Industry.
Manufacturing Industry.
Constructive Industry.
Commerce Industry.
What is commerce production primarily concerned with?
Exchange of goods and services.
Extraction of raw materials.
Manufacturing finished goods
Providing personal services.
Which commerce activity involves buying and selling goods between parties?
Trade
Transportation
Warehousing
Manufacturing
What type of service involves providing healthcare and education?
Personal Services
Business Services
Social Services
Manufacturing Services
Which industry involves providing consulting and accounting services?
Personal Services
Business Services
Social Services
Extractive Industry
Which industry involves mining coal and drilling for oil?
Extractive Industry
Manufacturing Industry
Constructive Industry
Commerce Industry
What is the primary focus of the extractive industry?
Obtaining raw materials from nature
Manufacturing finished goods
Providing personal services
None of the above