Business intro quiz

This is the place where buyers and sellers come together to trade goods and services.

• Revenue

• Market

• Consumer

• Office

The activities a business undertakes to promote its products or services to potential customers.

• Consumer

• Human Resources

• Accounting

• Marketing

The activities a business undertakes to meet and exceed customer expectations, leading to customer satisfaction and loyalty.

• Customer service

• Liquidity

• Cash flow

• Human resources

The total amount of money a business receives from selling its products or services.

• Cash flow

• Total costs

• Sales revenue

• Insurance

A formal document that outlines a business's goals, strategies, and how it will achieve them.

• Market share

• Business plan

• Target market

• Public Relations

The specific goals that a business wants to achieve, such as increasing sales or profit.

• Business premonition

• Business vision

• Business dream

• Business objectives

This is a specific group of customers that a business aims to sell its products or services to.

• Target market

• Hunted market

• Pinpoint market

• Popular market

The difference between a business's total sales revenue received and its total costs it has to pay.

• Advertising

• Quantity sold

• Selling price

• Profit

When a business's total costs are greater than its total sales revenue.

• Bankruptcy

• Loss

• Budget

• Profit

Businesses that offer similar products or services to each other.

• Shareholder

• Employee

• Competition

• Taxes