Things you do not need

Things you must have

Process to help consider your alternatives

Act of gathering and analyzing information

Money left over after a business has paid all bills

Items people can use to make or obtain what they need or want

Contest between business to win customers

Any commercial activity that seeks profit by providing goods and services

Person who uses goods services

Physical Products

If you had $10 to spend, which of the following needs is the best choice?

Which is/are examples of resources

Which of the following explains why businesses must satisfy needs first, than wants

Which of the following satisfies a public want

True or False: Business is any activity that seeks profit by providing goods and services

True or False: Profit is the amount of money left over after a business pays its expenses

True or False: You are a consumer when you purchase things youwant or need

True or False: Business affects you as a wage earner, because businesses hire people to work

True or False: Businesses are hurt by competition

True or False: Businesses must satisfy their customers to remain successful

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