Cloze Activity

Read the paragraph below and fill in the missing words.

Cloze (1): – refers to any activity that is carried out by an individual or an organization concerned with provision of goods and services with the aim of making profits

Cloze (2): - it is the study of the activities that are carried out in and around production, distribution and consumption of goods and services

Cloze (3): – these are the business surroundings which may be internal or external

Goods – These are items which are Cloze (4): i.e. can be touched and felt e.g. furniture, buildings, bread. Etc

Services – These are Cloze (5): or Cloze (6): that may be sold. They are intangible e.g. teaching, banking, hairdressing etc

Production – It is the Cloze (7): or increasing their usefulness. Its done by producers e.g. farmers.

Distribution – It’s the Cloze (8): from the producer to the user. Involves transport, communication etc

Cloze (9): – Refers to using of goods/service mostly done by consumers

Enable JavaScript

DropDown Activity

Read and complete

· Economics – it’s the study of how human beings strive to satisfy endless wants using the available Cloze (1): . Human wants are the desires that people strive to satisfy using goods and services. Cloze (2): – Things that are required in order to satisfy human wants

· Commerce – Study of Cloze (3): . Trade is the exchange of goods and services for other goods or services or for money.

· Cloze (4): – It’s a systematic way of recording business activities which are used for decision making.

· Office practice – these are activities carried out in the office e.g. Cloze (5): , Cloze (6): , reproduction of documents etc.

· Cloze (7): – It’s the study of activities involved in the process of identifying a business opportunity and acquiring necessary resources.

Enable JavaScript