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assignment questions in section 3, you learned about business types. no…

Question

assignment questions
in section 3, you learned about business types. now, youll apply what you learned.

  1. list five staple convenience goods that you or your household buys on a regular basis.

(you do not need to use complete sentences. 2.5 points)

  1. list three impulse convenience goods that you or someone you know has purchased.

(you do not need to use complete sentences. 2.5 points)

  1. describe a shopping good that you or someone you know purchased. what kind of

research did you or that person do before buying the product? (1-5 sentences. 3.0 points)

  1. choose an example of a company you could start, and decide which business structure

would make the most sense for that type of company (sole proprietorship, partnership, llc,
c corporation, s corporation, or nonprofit corporation). explain why this structure would be
good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points)

  1. if you were starting a new business, describe at least three departments to the company

that you would need right away. why are these departments so important? (1-5 sentences.
3.0 points)

page 11 © edgenuity inc

Explanation:

Question 1
Brief Explanations

Staple convenience goods are regularly bought, low - effort purchase items. Common examples include daily use products.

Brief Explanations

Impulse convenience goods are bought spontaneously, often while shopping for other items.

Brief Explanations

Shopping goods are items people research before buying, like electronics or furniture. For a laptop, research includes specs, reviews, and prices.

Answer:

  1. Bread
  2. Milk
  3. Toothpaste
  4. Shampoo
  5. Toilet paper
Question 2