
B&T Semester 1 Final (SY24-25)
Flashcard
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Hard
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38 questions
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1.
FLASHCARD QUESTION
Front
What is business?
Back
Any organization that sells goods or services in an attempt to earn a profit
2.
FLASHCARD QUESTION
Front
What is the difference between services and goods?
Back
Goods are tangible items that can be seen, touched, and stored, while services are intangible actions or tasks performed for a customer.
3.
FLASHCARD QUESTION
Front
What is revenue?
Back
The total amount of money a company earns from its sales of goods and services
4.
FLASHCARD QUESTION
Front
What are expenses?
Back
The costs incurred in the process of running a business
5.
FLASHCARD QUESTION
Front
Which one is one of the four types of businesses? Options: Agriculture, Technology, Extracting, Entertainment
Back
Extracting
6.
FLASHCARD QUESTION
Front
What business type makes something?
Back
Manufacturing
7.
FLASHCARD QUESTION
Front
What business type sells something? Options: Service, Manufacturing, Merchandising, Extracting
Back
Merchandising
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