Worksheets7th Grade: Unit 1
Total questions: 40
Worksheet time: 20mins
Name
Class
Date
1.
Businesses fulfill the _______ & ________ of customers.
a)
Goods & Services
b)
Needs & Wants
c)
Food & Drink
d)
Promotion & Price
2.
Businesses sell ___________ or
_____________ or both to consumers.
_____________ or both to consumers.
a)
Food, Water
b)
Clothes, Shoes
c)
Goods, Services
d)
Shirts, Pants
3.
The Motivation to make money is called what?
a)
Non-Profit Organization
b)
Profit Motive
c)
Sole Proprietorship
d)
Partnership
4.
What is not one of the 4 P's of marketing?
a)
Product
b)
Price
c)
Promotion
d)
People
5.
Our company _____________ keeps up motivated and on task.
a)
Manager
b)
Employee
c)
Security Officer
d)
Accountant
6.
What does a travel agency sell? A product or a service?
a)
Product
b)
Service
7.
A hair salon is considered a ____________ business.
a)
Combination
b)
Service
c)
Goods
8.
Our company has many offices around the world, but our main office or ___________ are in Tokyo, Japan.
a)
Building
b)
Store
c)
Headquarters
d)
Service
9.
If you wanted to be interviewed for an open position, you would submit a ______________.
a)
Report
b)
Resume
c)
Worksheet
d)
Personal Information
10.
Contest between businesses to win customers
a)
Competition
b)
Franchise
c)
Advertisement
d)
Accounting
11.
Money left after businesses pay expenses.
a)
Expenses
b)
Donations
c)
Profit
d)
Loss
12.
Agreement to use the name and sell the goods of a parent company.
a)
Franchise
b)
Sole Proprietorship
c)
Partnership
d)
Non-Profit
13.
Process of promoting and presenting a product to customers.
a)
Accounting
b)
Operations
c)
Marketing
d)
Management
14.
Activities involved in the day to day running of a business.
a)
Management
b)
Operations
c)
Accounting
d)
Marketing
15.
Business that is considered separate from it's owners.
a)
Franchise
b)
Sole Proprietorship
c)
Partnership
d)
Corporation
16.
A person who uses goods or services.
a)
Manager
b)
Marketing Manager
c)
Consumer
d)
Competition
17.
Process of recording business financial data.
a)
Marketing
b)
Accounting
c)
Operations
d)
Management
18.
Items that are nice to have.
a)
Goods
b)
Services
c)
Needs
d)
Wants
19.
An example of a non-profit business is...
a)
Academy Sports
b)
American Cancer Society
c)
Wal-Mart
d)
Ingles
20.
A non-profit can be run for financial gain... True or False?
a)
True
b)
False
21.
Which business below is an example of a franchise?
a)
Nike
b)
John's Lawn Care
c)
Taco Bell
d)
Apple
22.
Most companies have a special picture or design, called a ______ that makes it easy to recognize.
a)
Logo
b)
Slogan
c)
Name
d)
Mission Statement
23.
Information Technology professionals work mainly with?
a)
Kids
b)
Managers
c)
Computers/Technology
d)
Owners
24.
Which is NOT an example of an advertisement?
a)
Billboard
b)
Commercial
c)
Magazine Ad
d)
Profit Margin Data
25.
True or False: A human resource manager hires new employees?
a)
True
b)
False
26.
If you get called for an interview, more than likely, you will meet the Human Resource Manager?
a)
True
b)
False
27.
Human Resource managers do NOT manage benefits for a company.
a)
True
b)
False
28.
What is NOT an example of a benefit that a company might offer its employees?
a)
Insureance
b)
Vacation Time
c)
401 K
d)
Pet Care
29.
Ethics are what?
a)
Moral Principles
b)
Written Rules
c)
Personality Types
d)
Verdicts
30.
Communication is not important in business. True or False
a)
True
b)
False
31.
If you are a sales manager and you are on a sales call, the person you are trying to sell to will tell you a lot with their body language.
a)
False
b)
True
32.
Body Language is communicating without talking.
a)
True
b)
False
33.
The management of large amounts of money is called?
a)
Marketing
b)
Management
c)
Finance
d)
Operations
34.
A group of people at which a product or service is aimed is called a
a)
Mission Statement
b)
Firewall
c)
Accounts payable
d)
Target Market
35.
Who would be responsible for creating a firewall?
a)
IT Department
b)
Marketing Department
c)
Management
d)
Human Resources
36.
Accounts receivable are what?
a)
Money owed to a company
b)
Money a company owes
37.
Accounts Payable are?
a)
Money owed
b)
Money to be paid out
38.
Assets are valuable to a company?
a)
True
b)
False
39.
Liabilities are valuable to a company?
a)
True
b)
False
40.
It is better to have more liabilities than assets.
a)
True
b)
False
100 %
