Principles of Business (Chapter 1 Vocab)
9th Grade
•32 Qs
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Principles of Business (Chapter 1 Vocab)
Quiz
•
Business
•
9th Grade
•
Medium
Allison Taylor
Used 10+ times
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32 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Term for all the activities involved in developing and exchanging products.
business
market
utility
service
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything that can be bought or sold.
Profit
Product
Need
Want
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Physical item that can be touched.
Utility
Market
Good
Service
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Action or task that is performed, usually for a fee.
Market
Utility
Good
Service
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Individual or group who buys products.
Consumer
Customer
Business
Need
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Customers who purchase goods and services for their own use.
Business
Market
Consumer
Customer
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something a person must have in order to survive.
Need
Want
Good
Service
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