Worksheetsbusiness quiz
Total questions: 25
Worksheet time: 13mins
what is a want
something i need to live
something i wish i had or i desire to have
i need or i die
bob
what is a need
an item that i have to have to live
something i desire to posses or to have
what are goods
merchandise or possessions
i did something good
Services
the action of helping or doing something for someone
phone service
which one is a factor of production of human
Physical help
not helping
which one is a factor of production of natural
trees and water
wood and energy drinks
which one is a factor of production of capital
machinery tools
trees and water
which one is a factor of production of entrepreneurship
you become an employee at a big business
when you start your own business
limited liability
if your company goes into financial distress will be at stake
if your company goes into financial distress will not be at stake
S corporation
a type of corporation that is designed to avoid double taxation
a type of corporation that is designed to not avoid double taxation
what is a corporation
a company or group of people authorized to act as a single entity and recognized as such in law.
a company or group of people authorized to act as a double entity and recognized as such in law.
whats lost opportunity cost
the loss of potential gain from other alternatives when one alternative is chosen.
you loss somthing
economic system
a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country
a means by which societies or governments destroy and disrupt available resources, services, and goods across a geographic region or country
which one is traditional economy
the goverment tells you what to sell
you sell the same thing that the generations above you sold
organzing managment
The process of disorganizing, not planning, not leading and not controlling resources within an entity with the overall aim of achieving its objectives.
The process of organizing, planning, leading and controlling resources within an entity with the overall aim of achieving its objectives.
planning management
the function of management that involves setting objectives and determining a course of action for achieving those objectives.
the function of management that does not involve setting objectives and determining a course of action for achieving those objectives.
staffing management
to keep all the walking staffs in the right stop
the recruitment of various people in a team on the basis of their knowledge, experience, talent, skill, and areas of expertise
leading management
articulating a vision, energizing employees, inspiring and motivating people using vision, influence, persuasion, and effective communication skills.
not articulating a vision, energizing employees, inspiring and motivating people using vision, influence, persuasion, and effective communication skills.
controlling management
a process of comparing the actual performance with the set standards of the company to ensure that activities are performed according to the plans and if not then taking corrective action.
a process of not comparing the actual performance with the set standards of the company to ensure that activities are performed according to the plans and if not then taking corrective action
lassiez faire leadership
a policy or attitude of letting things take their own course, without interfering
a policy/government that cotrols the people
democratic
letting multiple people participate in the decision-making process
only one person decides the decision making
code of conduct
All employees should fulfill their job duties with integrity and respect toward customers, stakeholders and the community
all employees will be rude to all the customers
ethics
All employees should fulfill their job duties with integrity and respect toward customers, stakeholders and the community
moral principles that govern a person's behavior or the conducting of an activity.
want
something that desire
something i have to have to live
need
something i wish i had
something i have to have to live
