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WorksheetsBusiness Studies
Total questions: 15
Worksheet time: 15mins
What can a business sell?
goods
services
goods and services
Who is an entrepreneur?
someone who works for a large company
someone who studies business in University
someone who starts their own business
Jane has to pay for many services and buy multiple goods every month. She has a lot of...
...profit
...loans
...money
...expenses
Items that can be seen and touched are known as...
Goods
Services
People who are part owners of a company are known as...
Stakeholders
Shareholders
Customers
People
Trading one good or service for another is called
trade
services
barter
scarcity
Bringing in goods or services from another is country
exports
imports
donates
The United States sells airplane parts to the country of Kenya. This is an example of an ______________
import
export
donation
Jamaica sells bauxite to the USA which best describes Jamaica’s action?
Monopoly
Import
Export
Innovation
Foreign Trade only happens between countries.
True
False
Furniture and medical glove manufacturing are classified under which industries?
Primary
Secondary
Tertiary
None of the above
Identify the activity which does not support trade?
Transportation
Warehousing
Advertising
Coal Mining
