Exploring Business Question Preview (ID: 36655)
Marketing.
TEACHERS: click here for quick copy question ID numbers.
Things you do not need
a) need
b) want
c) goods
d) services
Things you must have
a) need
b) good
c) want
d) service
Process to help consider your alternatives
a) business
b) competition
c) market research
d) decision making process
Act of gathering and analyzing information
a) consumer
b) competition
c) market research
d) profit
Money left over after a business has paid all bills
a) profit
b) resources
c) business
d) goods
Items people can use to make or obtain what they need or want
a) resources
b) services
c) goods
d) decision
Contest between business to win customers
a) competition
b) want
c) need
d) resources
Any commercial activity that seeks profit by providing goods and services
a) goods
b) business
c) resources
d) competition
Person who uses goods services
a) consumer
b) market research
c) need
d) want
Physical Products
a) services
b) goods
c) resources
d) profit
If you had $10 to spend, which of the following needs is the best choice?
a) food
b) new bike
c) haircut
d) new shoes
Which is/are examples of resources
a) roller skates and cars
b) insurance, sports, and entertainment
c) a tax preparer
d) money, fuel, and labor
Which of the following explains why businesses must satisfy needs first, than wants
a) gobalization
b) business tariffs
c) competition is intense
d) limited resources
Which of the following satisfies a public want
a) rent
b) a libraru
c) a new table
d) a home computer for your business
True or False: Business is any activity that seeks profit by providing goods and services
a) True
b) False
c)
d)
True or False: Profit is the amount of money left over after a business pays its expenses
a) True
b) False
c)
d)
True or False: You are a consumer when you purchase things youwant or need
a) True
b) False
c)
d)
True or False: Business affects you as a wage earner, because businesses hire people to work
a) True
b) False
c)
d)
True or False: Businesses are hurt by competition
a) True
b) False
c)
d)
True or False: Businesses must satisfy their customers to remain successful
a) True
b) False
c)
d)
Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from above, visit ReviewGameZone.com and enter game ID number: 36655 in the upper right hand corner or click here.
To play games using the questions from above, visit ReviewGameZone.com and enter game ID number: 36655 in the upper right hand corner or click here.
TEACHERS / EDUCATORS
Log In | Sign Up / Register
Log In | Sign Up / Register