Introduction to Business Section 1.1 Assessment

Select the benefits created by businesses (check all that apply)

• Products

• Markets

• Economic

• Image

A market that consists of businesses buying products to use in their company

• Consumer

• Business

• Black

• Stock

A market that consists of customers buying products to use themselves

• Consumer

• Business

• Dollar

• Black

Identify 3 economic benefits of businesses (select all that apply)

• Paychecks

• Standard of Living

• Taxes

• None of these are benefits

What is the main reason a business operates

Which function of business focuses on ensuring money is available for the business

• Production

• Finance

• Management

• Marketing

Which of the functions of business focuses on making decisions about the business

• Production

• Management

• Finance

• Marketing

Which function of business focuses on making products?

Which function of business focuses on the customer

Digital downloads are and example of which utility