business quiz

what is a want

• something i need to live

• something i wish i had or i desire to have

• i need or i die

• bob

what is a need

• an item that i have to have to live

• something i desire to posses or to have

what are goods

• merchandise or possessions

• i did something good

Services

• the action of helping or doing something for someone

• phone service

which one is a factor of production of human

• Physical help

• not helping

which one is a factor of production of natural

• trees and water

• wood and energy drinks

which one is a factor of production of capital

• machinery tools

• trees and water

which one is a factor of production of entrepreneurship

• you become an employee at a big business

• when you start your own business

limited liability

• if your company goes into financial distress will be at stake

• if your company goes into financial distress will not be at stake

S corporation

• a type of corporation that is designed to avoid double taxation

• a type of corporation that is designed to not avoid double taxation