Basics of Business - BMF 8.22

Front

A haircut is an example of which?

Back

Service

Front

A smartphone you buy at the store is an example of which?

Back

Product

Front

Which of these is considered a service? Car wash, Shoes, Backpack, Bicycle

Back

Car wash

Front

Which of these is considered a product? Tutoring, House cleaning, Haircut, Pizza

Back

Pizza

Front

What is the main difference between a product and a service?

Back

Products are physical; services are actions.

Front

Buying a pair of jeans is an example of: Service, Function, Product, Market

Back

Product

Front

Going to the doctor’s office is an example of:

Back

Service

Front

Which of these could be both a product and a service? Shoe store, Clothing boutique, Bookstore, Restaurant

Back

Restaurant

Front

A business owned by one person is called a: Partnership, Sole Proprietorship, Corporation, Franchise

Back

Sole Proprietorship

Front

A business owned by two or more people is a:

Back

Partnership