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Worksheets

«Future business students»

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Profitable economic activity is called...

a)

a shop

b)

 business

c)

an individual entrepreneur

d)

а market

2.

What science answers the question «how to produce?», «what to produce?», «for whom to produce?»

a)

 philosophy

b)

economs

c)

psychology

d)

sociology

3.

Who is the author of the metaphor «the invisible hand of the market»?

a)
b)
c)
d)
4.

A desire to buy a product or a service is called…

a)

a supply

b)

a quantity demanded

c)

a demand

d)

a necessity

5.

A desire or an intention of a seller to sell a product at a particular price is called…

a)

a selling

b)

the sales

c)

a supply

6.

What do we call the amount of money which can be exchanged for particular amount of good?

a)

a sum

b)

a price

c)

a fee

7.

Economic relations related to purchasing and selling products or services and forming demand, supply and price is called…

a)

a shop

b)

a market

c)

a selling

8.

Generally accepted as a means of exchange, a measure of value which allows to exchange products or services easily is called…

a)

money

b)

barter

c)

measure of value

9.

Who is the author of «Capital»?

a)
b)
c)
d)
10.

A financial plan that can be used to predict future income and expenses is called…  

a)

revenue

b)

budget

c)

balance

11.

The initiative independent activity a person carried out on their own behalf, at their own risk and aimed at income generation, profit from the use of property, the sale of goods, the provision of services is called…

a)

firm

b)

entrepreneurship

c)

creativity

12.

What are the intermediaries in commercial entrepreneurship called?

a)

jobbers

b)

dealers

c)

brokers

13.

Which manufacturing country specializes in Nike sportswear and shoes?

a)
b)
c)
d)
14.

The inability of a debtor to satisfy the creditors' claims in full or to pay mandatory state payments recognized by the arbitration court.

a)

debt

b)

delay

c)

bankruptcy

15.

What car brand does the slogan "Drive the dream" belong to?

a)
b)
c)
d)
16.

What is the name of the device for issuing and receiving money, as well as paying for services and repaying loans without the participation of a bank employee, using bank cards?

a)
b)
c)
17.

Who is the founder of “Apple”?

a)
b)
c)
d)
18.

"Lease" of a trademark or commercial designation is called…

a)

franchise

b)

franchising

c)

lease

19.

A commercial organization that acquires factors of production in order to create and sell goods and receive profit on this basis.

a)

firm

b)

company

c)

enterprise

20.

The depreciation of money, manifested in the form of an increase in prices for goods and services, not due to an increase in their quality.

a)

devaluation

b)

denomination

c)

inflation

d)

forecast