Chapter 12 - Article #1 Flashcards
What percentage of the global economy is made up by the service sector?
A) 25%
B) 50%
C) 63.6%
D) 75%
C) 63.6%
Which country has the largest service sector in the world, contributing 30% of the global output?
A) China
B) Germany
C) Japan
D) United States
D) United States
What is a defining characteristic of the service sector?
A) Production of tangible goods.
B) Delivery of intangible goods.
C) Extraction of natural resources.
D) Manufacturing of physical products.
B) Delivery of intangible goods.
Which of the following best describes “intangibility” in the service sector?
A) Services are not consumed immediately.
B) Services cannot be physically transported or owned.
C) Services can be stored for future use.
D) Services have identical outcomes every time.
B) Services cannot be physically transported or owned.
Why are services described as “inseparable”?
A) They require a contract between the provider and consumer.
B) They are produced and consumed simultaneously.
C) They depend entirely on digital technology.
D) They involve only physical products.
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B) They are produced and consumed simultaneously.
What does “inventory” mean in the context of services?
A) Services can be stored for future use.
B) Services cannot be stored for future use.
C) Service providers rely on physical inventories to operate.
D) Services have a consistent outcome across different scenarios.
B) Services cannot be stored for future use.
What percentage of global greenhouse gas emissions is contributed by transportation?
A) 5%
B) 10%
C) 14%
D) 20%
C) 14%
How much sewage does the largest cruise ship generate in a week?
A) 50,000 gallons
B) 100,000 gallons
C) 200,000 gallons
D) 500,000 gallons
C) 200,000 gallons
Why is the average bunker fuel used by cruise ships considered highly polluting?
A) It contains almost 2,000 times the sulfur content of land-based vehicle fuel.
B) It is exclusively composed of toxic chemical waste.
C) It emits noxious gases that are regulated by international laws.
D) It cannot be incinerated at sea.
A) It contains almost 2,000 times the sulfur content of land-based vehicle fuel.
What activities are included in the quaternary sector?
A) Manufacturing and agriculture
B) Knowledge-based activities like IT, research, and consulting
C) Transportation and logistics
D) Top-level decision-making roles
B) Knowledge-based activities like IT, research, and consulting
Who are considered “gold collar” professionals?
A) Entrepreneurs and consultants
B) Factory workers and logistics staff
C) CEOs and top-level government executives
D) Scientists and lawyers
C) CEOs and top-level government executives
What percentage of the economy in Australia was made up by the quaternary and quinary sectors in 2015?
A) 47.6%
B) 59%
C) 63.6%
D) 75%
B) 59%
What is a significant environmental impact of the cruise industry?
A) It contributes to global renewable energy development.
B) It burns large amounts of hazardous waste at sea, emitting toxic substances.
C) It reduces air pollution through innovative engine technologies.
D) It strictly follows environmental regulations in all its operations.
B) It burns large amounts of hazardous waste at sea, emitting toxic substances.
What is a consequence of cruise ships dumping waste into oceans?
A) Improved water quality due to dilution.
B) An increase in marine biodiversity.
C) Pollution leading to ecosystem degradation.
D) Stricter environmental protections for marine life.
C) Pollution leading to ecosystem degradation.
Which of the following is a feature of the knowledge economy?
A) It relies on low-skilled labor for economic growth.
B) It depends on intelligence, advanced technologies, and high education levels.
C) It focuses on mass production of goods.
D) It includes exclusively traditional service sector activities
B) It depends on intelligence, advanced technologies, and high education levels.
