Chapter 1 Intro business
Authored by Kelly Olson
Business
9th - 12th Grade
Used 22+ times
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28 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Refers to the aspects of making, selling, and providing products in exchange for money
Product
Business
Service
Economic system
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
an organized way in which a state or nation distributes its resources and provides goods and services.
Business
Product
Economic System
Natural Resource
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
is the science of how individuals, businesses, and governments make decisions about satisfying unlimited wants with lited resources.
Business
Product
Natural Resouce
Economic
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An object that can be bought and sold.
Business
Product
Service
Economic
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The title of the person that decides the company's vision balances economic resources, make ethical decisions and create a positive work environment.
Manager
Employee
CEO Chief Executive Officer
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
is the financial gain calculated by the difference between the amount earned and the amount spent by a business
Liabilities
Assets
Net Worth
Profit
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
refers to the total value of a business determined by assets minus liabilities
Liabilities
Assets
Net Worth
Profit
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