PBM - Chapter 1 - Day 1

PBM - Chapter 1 - Day 1

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Created by

Kristy Craddock

Business

9th Grade

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10 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

____________ is the term for all activities involved in developing and exchanging products.

Business

Entrepreneurship

Economics

Corporation

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The customer of a service business is often called a ________.

customer

consumer

client

none of these

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Anything that is bought or sold is called a(n) _______________.

item

service

business

product

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Customers who purchase goods and services for their own use are called __________.

individuals

consumers

purchasers

groups

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

______________ utility is added when a business changes the form of a good or service to make it more useful.

Possession

Time

Form

Plave

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A ______________ is anywhere buyers and sellers meet to buy and sell goods and services.

store

workplace

restaurant

market

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The difference between the income earned and the expenses incurred by a business during a specific period of time is called _____________.

sales

profit

expenses

costs

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