NEW
Font size
WorksheetsEntrepreneurship Terms
Total questions: 10
Worksheet time: 5mins
What is a person who organizes and operates a business?
Investor
Entrepreneur
Businessman
What is specific good or service that is available to consumers?
Demand
Supply
Capital
What is the action or business of promoting and selling products or services?
Customer Service
Sales & Advertising
Marketing
What is an item offered for sale?
Product
Merchandise
Supply
What is the loss of choosing NOT to do a beneficial activity?
Product
Asset
Opportunity Cost
What is a resource with economic value that will provide a future benefit?
Investment
Asset
Liability
What does it mean when consumers' desire to purchase goods and services at given prices?
Demand
Supply
Product
What is it to be in short supply or limited in resources?
Entrepreneurship
Supply
Scarcity
What is the money a company has available to pay for its day-to-day operations and to fund its future growth?
Capital
Investment
Earnings
What is the cost of carrying/continuing on a trade or business?
Liability
Scarcity
Expenses
