Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Intro Ch 1
Test Description: Intro to business basics
Instructions: Answer all questions to get your test result.
1) What is the term for tasks that people or machines perform for payment?
A
profit
B
goods
C
public service
D
services
2) What must business provide to consumers in order to satisfy their wants and needs?
A
goods and services
B
intangible desires
C
technology
D
cost-effectiveness
3) What are most public wants satisfied by?
A
businesses
B
local, state, and federal governments
C
technology
D
nonprofit organizations
4) Which is a want that government cannot satisfy?
A
education
B
shelter
C
new roads
D
bicycles and skates
5) What is an activity that seeks profit by providing goods or services to others?
A
public service
B
decision-making processes
C
goods and services
D
business
6) Business is defined as....any activity that seeks profit by providing goods and services to others.
A
T
B
F
7) Competition is defined as the contest between businesses to win customers
A
T
B
F
8) Things we wish we could have are ..
A
Wants
B
Goods
C
Services
D
Needs
9) The amount of money left over after a business has paid for the cost of producing its goods or services is ..
A
Needs
B
Profits
C
Business
D
Resources
10) Every business does which of the following?
A
Organizes
B
Produces a good or service
C
Manages
D
All of the above
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?