WorksheetsBusiness Vocabulary
Total questions: 10
Worksheet time: 5mins
Any activity that provides goods or services to consumers for the purpose of making a profit is...
Goods
Services
Trade
Business
Which is an example of goods provided by a business?
Soda
Cars
Televisions
All of the above
An action or work performed for monetary compensation is...
a service
goods
a payment
a loan
What is profit?
The amount of money a business owners makes after all expenses are paid
The amount of goods sold by a business owner in a fiscal year
The amount of services rendered by a business within their community
The amount of money a business owner lost within a fiscal year
When a business has expenses that exceeded its income, the business has experienced...
Profit
Value
Loss
Sales
What is value?
The price a customer pays for a good or service
The loss a business experiences when expenses exceed income
The amount of income a business owner retains after paying all the expenses
The discount a customer can receive on a good or service
A business that provides goods or services to consumers where the profit used to provide public services, advance a cause, or assist others is called a ....
For profit business
Entrepreneurship
Value monitoring business
Non-profit business
Natural resources, labor, capital, & entrepreneurship are examples of...
Factors of production
Income sources
Non-profit business
A kick-starter
The primary role in a business that supervises other people's performance is...
Finance
Marketing & Sales
Operations
Management
The department in a business that provides knowledge, ideas, and analysis to keep up with the competition is known as...
Marketing & Sales
Research & Development
Operations
Management
