Intro to Business Vocab 1

Intro to Business Vocab 1

9th - 10th Grade

25 Qs

quiz-placeholder

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Intro to Business Vocab 1

Intro to Business Vocab 1

Assessment

Quiz

Business

9th - 10th Grade

Medium

Created by

Anna Fowler

Used 21+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Total Revenue minus Total Costs equal

risk

revenue

profit

price

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount spent to cover raw materials, labor and capital needed to produce the product

price

revenue

capital

cost

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The buildings, tools and machines people create and use to produce final goods and services

price

revenue

capital

cost

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money the customer is asked to pay for the product

price

revenue

capital

cost

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the money coming into the business from sales (and investments)

price

revenue

capital

cost

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money the customer is asked to pay for the product

price

revenue

capital

cost

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Devoting money or resources to gain a profitable outcome or increased production capacity in the future

inventory

investment

innovation

impression

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