
Principles of Business and Marketing Vocab
Authored by Kristen Hangey
Business
10th Grade
Used 82+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The things you wish you could have
Needs
Competition
Wants
Resources
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Wants that are shared by large groups
Consumers
Public wants
Needs
Private wants
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Necessary wants
Services
Products
Wants
Needs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These can be physically weighed or measured
Services
Resources
Consumer
Goods
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tasks that people or machines perform; satisfy some of your wants for things you can’t see or touch.
Competition
Services
Profit
Market research
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything that people can use to make or obtain what they need or want
Resource
Services
Goods
Product
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Resources limit the number of wants people can satisfy
True
False
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