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Business Terms Vocabulary

Authored by Karen Stephenson

Life Skills

3rd - 5th Grade

Used 5+ times

Business Terms Vocabulary
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6 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

boss

a person who works for another person or for a company and gets paid

a person who starts his or her own business

the person whose job is to tell other workers what to do

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

business

the activity of making, buying, or selling goods or providing services in exchange for money

things that are made to be sold

work done by a company or person that does not involve making a product

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

CEO

the person whose job is to tell other workers what to do

Chief Executive Officer: the person who has the highest position in a company and makes major decisions

a group of people who work together to sell things or provide a service

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

company

a person who starts his or her own business

a group of people who work together to sell things or provide a service

the total amount of money that a business receives from selling goods or services

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

cost

the money that is left over after expenses are paid for

the total amount of money that a business receives from selling goods or services

how much money is needed to buy something

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

employee

a person who works for another person or for a company and gets paid

a person or company that has people who do work for pay

the person whose job is to tell other workers what to do

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