The two main parts of the Service Sector
Retail and Tourism or Agriculture and Industry
Retail and Tourism
What type of tourism involves traveling to areas of natural beauty while conserving the environment?
Ecotourism or Cultural tourism
Ecotourism
What sector does the production sector depend on to sell its goods?
Retail or Tourism
Retail
Which of the following is an example of a convenience store?
Tesco Lotus or 7-Eleven
7-Eleven
Which industry depends on technology from the industrial sector to reduce costs?
Tourism or Crop farming
Crop farming
Which of the following industries is part of the Thai industrial sector?
Food and energy or Agriculture
Food and energy
What does the service sector need to function properly?
Goods from the agricultural and industrial sectors or Stable political environment
Goods from the agricultural and industrial sectors
Which industry promotes Buddhist retreats and temples?
Buddhist tourism or Cultural tourism
Buddhist tourism
Which industry in Thailand focuses on producing school uniforms and clothing?
Textile or Electronics
Textile
Which Thai region is known for paddy fields?
Central region or Northern region
Central region
In a capitalist society, there is no competition between brands.
False
The service sector includes retail and tourism as its main components.
True
Brand building is an important method for economic competition.
True
Mutual dependence exists only between the agricultural and industrial sectors.
False
Increased prices by monopolies always lead to higher profits without consequences.
False
_____________________ includes creating or improving a product’s detailed specification.
Product design
________________ is an official document granted by the government for an individual or firm to protect its innovation only.
Petty patent
________________ is very important for competition.
Brand building
There may be competition between companies for the _____________ of their products.
Quality
Competition leads to more ____________________ for consumers.
Choices
____________ is a symbol used along with goods and services.
Trademark
_____________ means the battle between producers to get the biggest share of the market for their own products.
Competition
_______________ is any creation of the mind and which can be protected by law.
Intellectual property
Goods can become more popular through __________________
Advertising
__________ is an official document granted by a government for an individual or firm to make, use and sell its invention.
Patent