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Purpose of Business

Total questions: 15

Worksheet time: 11mins

Name
Class
Date
1.

An example of "goods" that a customer would buy would be:

a)

landscape service

b)

haircut

c)

Porsche 911 turbo S Convertible

d)

power wash your home

2.

A landscaper mows your lawn, this is an example of a

(a)  

3.

The desire to make money is known as

a)

profit motive

b)

making some cheese

c)

paying a bill

d)

expenses

4.

Paying bills, collecting money, preparing employee checks are example of this in a business:

a)

The boss

b)

Accounting

c)

commercial real estate

d)

dollar dollar bill yo

5.

The 4 P's (Product, price, placement, promotion) are examples of this for a business:

(a)  

6.

I.T. stand for:

a)

Intelligent T rex

b)

Information Technology

c)

Inside Tall

d)

Ice T, the rapper

7.

(a)   Resources department manages people.

8.

A ---- is something you have to live and function.

a)

strain

b)

pain

c)

want

d)

need

9.

A ---- is something that will improve your quality of life.

a)

want

b)

need

c)

car

d)

million dollars

10.

A person who purchases goods and services for personal use.

(a)  

11.

A person who purchases goods and services but may not use it.

(a)  

12.

Several firms selling similar goods or services. Like a Home Depot located next to a Lowes.

a)

NBA finals

b)

competition

c)

Pirate's Lair

d)

New England Patriots

13.

How many zeros in a million?

(a)  

14.

How many rings on the Olympic flag?

(a)  

15.

What is the next step to grow the business at the Maine Lobstah Shack?

a)

Sell more lobstah

b)

Buy a food truck

c)

Hire 7th and 8th graders to work there

d)

Double the price of everything