Intro to Business

Intro to Business

9th - 12th Grade

11 Qs

quiz-placeholder

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Intro to Business

Intro to Business

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Kristina Sanders

Used 159+ times

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term used for all activities involved in developing and exchanging products.

product

good

business

service

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ____________ is anything that can be bought and sold.

consumer

profit

utility

product

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The difference between a good and a service is _________.

A good is an action that can be performed where a service is a physical item that can be touched.

A good is a physical item that can be touched where a service is an action that is performed.

There is no difference between the two.

A good is something bought often where a service is rarely purchased.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ___________ is an individual or group who buys products.

customer

consumer

business

product

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Customers who purchase goods and services for their own use are known as _____________.

customers

consumers

products

businesses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______ is a set of rules that define what is wrong and right.

reputation

business

ethics

initiative

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ________ describes the characteristics of a product that satisfy wants and needs.

product

service

good

utility

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