6th Grade STEM Review of Business

Front

What is an entrepreneur?

Back

A person who starts a business

Front

Define goods

Back

Tangible products

Front

A good that is manufactured or refined for sale is called...

Back

product

Front

What is a market?

Back

People (consumers) that demands goods and services and want to buy them

Front

Exchanging goods and/or services for one another or money is called...

Back

business

Front

A presentation of a business idea to potential investors is called a

Back

pitch

Front

the management of money for a business is called...

Back

financials

Front

what is needed to make and sell a product is called...

Back

material

Front

The total amount of money made in sales is called...

Back

Revenue

Front

The surplus remaining after total costs are deducted from total revenue is called...

Back

Profit