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TLE 6 :Buy and Sell Products Based on Needs

Total questions: 20

Worksheet time: 13mins

Name
Class
Date
1.

A plan of action to buy quality

goods for a reasonable price.

a)

Buying

b)

Goods

c)

Sell

d)

Profit

e)

Seller

2.

Also called products or merchandise.

a)

Buying

b)

Goods

c)

Sell

d)

Profit

e)

Seller

3.

A business deal between a

seller and a buyer

a)

Buying

b)

Goods

c)

Sell

d)

Profit

e)

Seller

4.

Money earned from a sale

a)

Buying

b)

Goods

c)

Sell

d)

Profit

e)

Seller

5.

One who acquires goods in

exchange for a sum of money

a)

Buying

b)

Goods

c)

Sell

d)

Profit

e)

Seller

6.

Also known as vendor

a)

Buyer

b)

Manufacturer

c)

Wholesaler

d)

Right quality

e)

Right Price

7.

One who converts raw materials

into finished goods or products.

a)

Buyer

b)

Manufacturer

c)

Wholesaler

d)

Right quality

e)

Right Price

8.

One who buys in large quantity

from manufacturers and producers

a)

Buyer

b)

Manufacturer

c)

Wholesaler

d)

Right quality

e)

Right Price

9.

The quality of a good or

product that is suited to the

purpose for it will be used.

a)

Buyer

b)

Manufacturer

c)

Wholesaler

d)

Right quality

e)

Right Price

10.

Money equivalent to the quality

of the goods paid for.

a)

Buyer

b)

Manufacturer

c)

Wholesaler

d)

Right quality

e)

Right Price

11.

Identify if it is need or want. Click the correct answer.

a)

Need

b)

Want

12.

Identify if it is need or want. Click the correct answer.

a)

Need

b)

Want

13.

Identify if it is need or want. Click the correct answer.

a)

Need

b)

Want

14.

Identify if it is need or want. Click the correct answer.

a)

Need

b)

Want

15.

Identify if it is need or want. Click the correct answer.

a)

Need

b)

Want

16.

Identify if it is need or want. Click the correct answer.

a)

Need

b)

Want

17.

Identify if it is need or want. Click the correct answer.

a)

Need

b)

Want

18.

Identify if it is need or want. Click the correct answer.

a)

Need

b)

Want

19.

Identify if it is need or want. Click the correct answer.

a)

Need

b)

Want

20.

Identify if it is need or want. Click the correct answer.

a)

Need

b)

Want