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Exploring Business and Entrepreneurship Unit 1

Authored by Gregory McCain

Business

6th - 8th Grade

Used 14+ times

Exploring Business and Entrepreneurship Unit 1
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42 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a difference between consumers and customers?

Consumers make goods and services.

Consumers purchase goods and services.

Customers make goods and services.

Customers purchase goods and services.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do wants and needs have in common?

Both needs and wants are goods.

Both needs and wants are services.

Both needs and wants are things people must have.

Both needs and wants are things people use.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a difference between wants and needs?

Needs are goods and wants are services.

Needs are necessary for survival, wants are nice to have.

Needs are nice to have, wants are necessary for survival.

Needs are services and wants are goods.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Plumbing, heating/air conditioning repair, accounting services, and lawn care are all considered what type of businesses?

Combination product and service

Product type

Service provider

Sole proprietorship

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most car dealerships, beauty salons, and home improvement stores are classified as which type of business?

Combination product and service

Non-profit

Product type

Service provider

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Clothing stores, CD stores, and electronics stores are all classified as which type of business?

Combination product and service

Non-profit

Product type

Service provider

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Barber shops, dry cleaners, and car repair shops are all classified as which type of business?

Combination product and service

Non-profit

Product type

Service provider

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