Test 1A

Test 1A

8th Grade

14 Qs

quiz-placeholder

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Test 1A

Test 1A

Assessment

Quiz

Business

8th Grade

Practice Problem

Easy

Created by

CariAnn Squier

Used 16+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

What is the main motivating force for starting a business or managing a business?

Money/Profit

Time

Meeting People

Working Hard

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Define "goods"

Intangible offerings

accounting or banking service

tangible items that one can see and touch

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Examples of goods include:

shoes, apple, books, car

lawn service, insurance, healthcare

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Define a service

Tangible good that one can touch

Intangible offering

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What are some examples of services?

Buying a work of art.

barbershop, airline, tax preparer, nail salon

hamburger, rice, taco, candy

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The goods/services people can buy with the money they have is called what?

Quality of Life

Money management

Standard of Living

Economics

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the "general level of human happiness or satisfaction"?

Standard of Living

Quality of Life

Community

A business

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