EBE- For profit vs. Non profit
Authored by Shadava Jackson
History, Computers
7th - 8th Grade
Used 78+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the difference between consumers and customers?
consumers make goods and services
consumers purchase goods and services
Customers make goods and services
Customers purchase goods and services
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What do wants and needs have in common?
Both wants and needs are goods
Both wants and needs are services
Both wants and needs are things people must have
Both wants and needs are things people use
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the difference between wants and needs
Needs are good and wants are services
Needs are necessary for survival, wants are nice to have
Needs are nice to have, wants are necessary for survival
Needs are services and wants are goods
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Plumbing, heating/air conditioning repair, accounting, and lawn care are all considered what type of businesses?
Combination product and service
Product
Services
Sole proprietorship
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Most car dealerships, beauty salons, and home improvement stores are classified as which type of business?
combination product and service
product
service
sole proprietorship
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Norman and Jones Septic Tank Cleaners are the best septic tank cleaners in Mt. Holly. How is Norman and Jones Septic Tank Cleaners classified?
Combination product and service
product
service
sole proprietorship
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The Starving Artists Society uses its gallery to sell paintings of local artists. The funds raised by the Starving Artists Society are used to help local artists continue in their chosen profession. The Starving Artists Society is classified as a:
Combination product and service
For-profit
Non-profit
Service
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