Business Concepts Quiz

Coach Weaver likes Marketing 2A.

• Yes

• Yes

Anything that can be bought and sold

• Product

• Service

• Customer

• Consumers

A physical item that can be touched

• Service

• Product

• Good

• Customer

An action or task that is performed, usually for a fee

• Product

• Service

• Good

• Customer

An individual or group who buys products

• Product

• Service

• Good

• Customer

A science that examines how goods and services are produced, sold and used

• Astronomy

• Geology

• Economics

• Chemistry

ALL of a nation's NATURAL resources found in nature

• DNR Capital

• Land

• Gross Domestic Product (GDP)

• State

The work performed by people in organizations

• Workers

• Employees

• Boss

• Labor

All of the tools, equipment, and machinery used to produce goods and services

• Houston Astros

• Monopoly

• Capital

• Accounting

The people who start a new business or purchase an existing business

• Explorer

• Entrepreneur

• Engineer