Business Environment Ch1
Authored by Gerald Jost
Instructional Technology
9th - 12th Grade
Used 9+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anywhere a business exchange takes place.
economics
customer
market
scarcity.
product
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An individual or group who buys products.
economics
customer
market
scarcity.
product
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A science that examines how goods and services are produced, sold, and used.
economics
customer
market
scarcity.
product
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything that can be bought and sold.
economics
customer
market
scarcity.
product
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When demand is higher than the available resources.
economics
customer
market
scarcity.
product
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An action or task that is performed, usually for a fee.
business
profit
capitalism
factors of production
service
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A term for all the activities involved in developing and exchanging products. Introduction to Business and Economics.
business
profit
capitalism
factors of production
service
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