Business Vocabulary quiz
Authored by Kara Beers
English
8th Grade
CCSS covered
Used 11+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business model?
A legal right given to an invention
A plan for creating, manufacturing, and delivering a product for sale
The price that buyers are willing to pay for a product
A drawing or sketch made with a specific purpose
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is a consumer?
A person who starts a business and is willing to risk loss
The value of a product after all debts/bills have been paid
Someone who purchases your product
Fees paid to a product owner for use of their design
Tags
CCSS.L.7.6
CCSS.L.8.6
CCSS.L.9-10.6
CCSS.W.7.2D
CCSS.W.8.2D
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are demographics?
Characteristics of a population that businesses use to identify customer preferences
Money used to start up a business
Increased value as a result of hard work from the owner, without pay
The first full-scale model or design of a product
Tags
CCSS.RI.9-10.4
CCSS.RI.9-10.4
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is design?
A legal right given to an invention
A drawing, pattern, or sketch made with a specific purpose
A plan for creating, manufacturing, and delivering a product for sale
The price that buyers are willing to pay for a product
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is distribution?
Someone who purchases your product
Spreading the product through the marketplace for others to buy
The value of a product after all debts/bills have been paid
Fees paid to a product owner for use of their design
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is an entrepreneur?
A person who starts a business and is willing to risk loss
The first full-scale model or design of a product
Increased value as a result of hard work from the owner, without pay
Money used to start up a business
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is equity?
The value of a product after all debts/bills have been paid
A plan for creating, manufacturing, and delivering a product for sale
The price that buyers are willing to pay for a product
A drawing, pattern, or sketch made with a specific purpose
Tags
CCSS.RI.9-10.4
CCSS.RI.9-10.4
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
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