WorksheetsBiz Town Quiz #3/4
Total questions: 19
Worksheet time: 10mins
Which of the following is a business cost?
personal care
advertising
revenue
profit
What is NOT a characteristic of a good advertisement?
attention grabbing
creates a desire for product
holds interest
prompts person to sell product
A catchy tune used to advertise a business or product is called a?
jingle
logo
slogan
ad
A graphic mark or emblem used to promote instant public recognition of a business or product is a?
jingle
logo
slogan
ad
A short, memorable motto or phrase used in an advertising campaign is known as a?
jingle
logo
slogan
ad
What is the revenue left after paying business costs called?
Profit
Gross balance
Inventory
Loss
The price must exceed the cost of producing the good or service for the business to make a profit. True or False?
True
False
True or false?
When setting prices, a business needs to consider inventory, demand and business costs.
True
False
Can a monetary value be placed on tangible assets very easily?
Yes
No
If revenue is greater than costs, does it result in a loss?
Yes
No
What is the definition of "Advertising" in economic terms?
Way of persuading people to want goods or services.
Goods that a business has in stock to sell.
Amount of money a buyer pays and a seller receives for the purchase of a good or service.
Anything that has a physical existence, felt by a person.
What does "Inventory" refer to in a business context?
Goods that a business has in stock to sell.
Ideas or information that do not have a physical existence.
The price at which goods are sold.
A method used to attract customers to purchase goods.
Which definition best matches "Selling Price"?
The amount of money exchanged for a service or product.
The total goods available for sale in a store.
A strategy to influence consumer behavior.
Physical items that can be touched and felt.
What are "Tangible goods"?
Items that can be physically touched and seen.
The cost at which items are sold.
Products that are available in inventory.
Non-physical assets like patents or copyrights.
Define "Intangible assets."
Assets that cannot be seen or touched but have value, like intellectual property.
Physical products that a company sells.
The advertising methods used by a company.
The stock of goods a company holds for sale.
Which one of the following is not one of the four career types?
People
Data
Skills
Engineering
Choose a skill that is not considered soft skills:
Teamwork
Interest
Punctuality
Dressing appropriately
One of the most important things a person can do to prepare for an interview is anticipate questions and practice answering them.
True
False
A job interview is one of the best ways a person can demonstrate to an employer that he or she is the best person for a job.
True
False
