WorksheetsIntro to Business Mocha/Stock Review
Total questions: 21
Worksheet time: 12mins
Name
Class
Date
1.
This is an economy that tells the people what to sell and buy...
a)
Command
b)
Market
c)
Traditional
d)
School
2.
This is an economy that the people have free choice in...
a)
Market
b)
Command
c)
Traditional
d)
Target
3.
A Market Economy runs itself by...
a)
Supply and Demand
b)
Input and Output
c)
Competition and Interdependence
d)
Mrs. Skarl shopping
4.
Mocha's government with their king, Big Daddy, is a...
a)
Monarchy
b)
Democracy
c)
Theocracy
d)
Rhymnation
5.
When a country or business works on just one product to type of product...
a)
Interdenpendence
b)
Specialization
c)
Competition
d)
Monopoly
6.
Another term for a finished product...
a)
Output
b)
Input
c)
Ta-Da!
d)
Demand
7.
When business are working to out-do one another. This is good for the consumers!
a)
Competition
b)
Specialization
c)
Cage FIghting
d)
Interdependence
8.
When businesses, countries or people depend on other's for their products, resources or services...
a)
Interdepence
b)
Specialization
c)
Stalker
d)
Competition
9.
This is the amount people are willing to sell or are able to provide the consumer...
a)
Supply
b)
Demand
c)
Output
d)
Customer Service
10.
Why can't I have everything I want?
a)
Wants are endless
b)
I'm poor
c)
I'm spoiled
d)
Specialization
11.
A person who starts and/or runs a business is called a(n)...
a)
Entrepreneur
b)
Shark Tank Winner
c)
Consumer
d)
Demander
12.
The amount people are willing to buy what they want or need...
a)
Demand
b)
Supply
c)
Payday
d)
Scarcity
13.
The first step of decision making is
a)
List your options
b)
Outline the consequences
c)
Identify the problem
d)
Make the decision
14.
When making the decision, you should consider your...
a)
Values
b)
Decision
c)
Problem
d)
Mother
15.
Jake has a history test on Friday. On Thursday night Jake's friend asks him to go to the movies. Jake lists the positives and negative outcomes of each choice. Which step in the decision-making process is this?
a)
A. Evaluate the decision
b)
B. Describe the situation
c)
C. Consider the consequences
d)
D. Explore the options
16.
How many steps are there in the decision-making model?
a)
4
b)
5
c)
6
d)
7
17.
The decision-making model will help you to:
a)
make perfect decisions
b)
make more responsible decisions
c)
help you to make impulsive decisions
d)
avoid responsible decisions
18.
A good decision is...
a)
well thought out
b)
made quickly
c)
always the easiest to make
d)
one that makes everyone happy
19.
This is a distribution by a corp. of its own stock to its stockholders
a)
Stock Split
b)
Treasury Stock
c)
Retained Earnings
d)
Stock Dividend
20.
Which is the price for which a person can buy or sell a share of stock?
a)
Book value
b)
market value
c)
treasury value
d)
cumulative equity
21.
You purchased 100 shares of Nike at $47.75 per share. A year later you sell your 100 shares for $62 per share.
1. Did you make a profit or lose money?
2. How much money did you make or lose?
1. Did you make a profit or lose money?
2. How much money did you make or lose?
a)
Profit $1,425
b)
Loss $1,425
c)
Profit $10,975
d)
Loss $10,975
100 %
