Business Studies Yr 7 1st term Grage

_____ is the money that is earned in trade or business after paying the costs of producing and selling goods and services

______ is an extra amount of money given to an employee in addition to their salary as a reward for excellent work

______ is the amount of money an employee earns when they sell a good or service

______ Is a fixed regular payment, typically paid on a monthly basis but often expressed as an annual sum, made by an employer to an employee

______ a fixed regular payment earned for work or services, typically paid on a daily or weekly basis

What is Business?

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List 3 types of income that you know?

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List five illegal activities that can earn you money

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Explain 3 reasons why studying of business studies is important

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______ are things that are necessary for your survival. They are things you can't do without.