Review

Quiz
•
Social Studies
•
7th Grade
•
Medium

Raneen Wahba
Used 4+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A detailed plan including the strategies planned to achieve the profit goals is called____
Business Plan
Cost
Document
Profit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Amount of money spent to buy goods and services for yourself or your business.
Opportunity
Profit
Price
Cost
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things that you can buy or sell that you can touch or see is called _____.
Product
Opportunity
Service
Taget Market
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The group of people the business targets to sell for are called___
Product
Target Market
Price
Business plan
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The study of the most-likely consumers for particular products
Needs
Resources
Wants
Market research
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something that is absolutely essential is called a want
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A situation, condition, chance or prospect for advancement, success, or to attain a goal.
Opportunity
Need
Cost
Market research
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