Business Terms Vocabulary
Authored by Karen Stephenson
Life Skills
3rd - 5th Grade
Used 5+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
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
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
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
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
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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