Which of the following is a good?

Which of the following is a service?

What does profit mean?

If a cookie costs $1 to make and is sold for $5, what is the profit on each cookie?

What is a need?

What is a want?

Who are consumers?

Which is an example of an online store?

What is efficiency in business?

What does quality mean in a business?

What happens if a business focuses too much on efficiency?

What does consistency mean in production?

What is an algorithm?

Which leadership style lets the team make decisions?

Goods are items you can see or touch.

Kids cannot be consumers.

Efficiency means using time and materials wisely.

In an autocratic leadership style, the leader asks everyone for their opinion.

Democratic leaders get input from their team before making a decision.

In the 4 Factors of Production, what category do natural resources like water, oil, and trees fall under?

Which business department is responsible for hiring, training, and making sure employees are treated fairly?

Which of the following is considered "Capital" in production?

The person who starts a business and comes up with the original idea is known as the:

Which department handles the company’s money, pays bills, and creates budgets?

Which department is responsible for actually making and shipping the product?

What is "Production"?

True or False: Leaders are born with their skills and cannot learn them through practice.

True or False: "Labor" includes both physical work, like construction, and service work, like being a doctor.

True or False: Marketing is creating the product in the factory.

True or False: A business can usually run smoothly even if it is missing one of its major departments.

• A specific group of people a company wants to reach with its marketing is a(n)

All of these are persuasion techniques used by marketing EXCEPT: