Business activity <3

Business activity is important ?

• yes

• no

• not above

product that people must have to live

• A want

• A need

• Business activity

Product that i can live without ?

• Food

• A want

• NEED

• nothing

-------- are things we have that help us to do something.

• Needs

• limited

• Resources

• water

Resources are limited while people's wants are unlimited

• True

• False

• not above

A customer :

• means there is a finite number of something or an end to something

• s a person who buys goods and services from a business

• means there is no end to something

What are four factors of production?

• business , products , needs and want

• camal , tea , cake and cup

• satisfy , service , pay and business

• Land , Labour , Capital and Enterprise

factors of production :

• are all the resources a business needs to make a product

• is the place or space where a business is located

• he person who does this is called an entrepreneur

Businesses should make careful decisions about how to use their resources?

• NOOO

• Yes

• Maybe

The business activity is process of making product that not satisfy the Customer ?

• yes

• no

• maybe