1.Choose the characteristic that IS NOT applicable in merchandising business and manufacturing business. A. have inventory C. sell tangible products B. offerings can be previewed D. need production facilities. 2. Read the situation and answer the question below. "Alexa, a very responsible daughter took Bread and Pastry Production when she was in Senior high School. Because of this pandemic caused by COVID-19, her family suffered a financial problem. To help her family, she decided to use her skills and became a supplier of cakes and cupcakes in a certain sari-sari store in her community. " Among the statements below, which is an ADVANTAGE of Alexa's business? A. There is no need of Inventory. B. There is a continuous demand on manufactured products. C. It is flexible to changes. D. The scope of activities is often more labor and capital intensive 3. If merchandising and manufacturing businesses sell inventory in order to gain profit, how does service business gain profit? A. also sells inventory B. performs services C. convert raw materials to finished products. D. store inventory 4. Which of the following is NOT an advantage of a merchandising business? A. It has visible products. C. Less conversion cost, time, and effort B. No need for inventory D. It is flexible to changes