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Worksheets

Mrs. Woodcock class top G

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

An individual or business that purchases goods and services from a business.

a)

COO

b)

CEO

c)

Customer

d)

Employee

2.


The total cost of acquiring a new customer.

a)


Customer Acquisition Cost

b)


Customer Retention

c)


Chamber of Commerce

d)

Customer

3.

Activities or strategies employed by a business to retain existing customers.

a)

Customer Retention

b)

Chamber of Commerce

c)

Customer

d)

Employee

4.


A local agency with information on participating local businesses.

a)

Chamber of Commerce

b)

Customer

c)

Customer retention

d)

Demographics

5.

Statistical data that refers to particular groups within a population.

a)

Distribution

b)


Demographics

c)

Distribution Channels

d)

Channels

6.

A method used to get a product from the manufacturer to the end-users.

a)

COO

b)

Employee

c)

Customer

d)

Distribution Channel

7.


An individual hired by a company and compensated for their work.

a)

Customer

b)

Employee

c)

CEO

d)

Entrepreneur

8.

An individual who aspires to start and run a successful business.

a)

CEO

b)

Employee

c)

Entrepreneur

d)

COO

9.

Non-cash compensations offered to employees in place of or in addition to a lower salary.

a)

Salary

b)

Founder

c)

Employee

d)

Equity

10.


Standards of professional conduct professionals should uphold.

a)

Ethical Practices

b)

Ethical

c)

Fair

d)

Nice

11.

Costs a business has that remain the same no matter the volume of production.

a)

Money

b)


Fixed Costs

c)

Cash

d)

Non-Changeable

12.

Thinking about and planning for the future.

a)

Forward

b)

Forward-Thinking Mentality

c)

Mental

d)

Overthinking

13.


The person that developed or created a company or organization.

a)

OG

b)

Entrepreneur

c)

Founder

d)

CEO

14.


A business that takes its name and characteristics from an existing business chain.

a)

Entrepreneur

b)

Company

c)

Business

d)


Franchise

15.

The characteristic of being able to tackle goals with courage and perseverance.

a)

Determination

b)


Grit

c)

Goal

d)

Preserver

16.


Believing that one can accomplish anything with hard work.

a)

Mind

b)

Growth

c)

Growth Mindset

d)

Hard Work

17.


A payment amount provided to employees for the number of hours they worked.

a)


Hourly Pay

b)

Salary

c)

Hour

d)

Money

18.

A financial statement that details a business's revenue and expenses for a given period.

a)

Money

b)

Statement

c)

Income Statement

d)

Salary

19.

A characteristic in which an individual acts to turn ideas into action.

a)

Characteristic

b)


Initiative

c)

Action

d)

Acts

20.

A new idea, product, or method.

a)


Innovation

b)

New

c)

Idea

d)

Modern