Basic Business Terms

Basic Business Terms

5th - 7th Grade

10 Qs

quiz-placeholder

Similar activities

ENGINEERING DESIGN PROCCESS

ENGINEERING DESIGN PROCCESS

4th - 5th Grade

10 Qs

F&C 7th Grade Natural and Synthetic Materials

F&C 7th Grade Natural and Synthetic Materials

7th Grade

10 Qs

FutureSmart - Growing a Business

FutureSmart - Growing a Business

6th - 12th Grade

11 Qs

Quiz 1- MBA

Quiz 1- MBA

1st - 12th Grade

10 Qs

Physical & Chemical Changes Vocab

Physical & Chemical Changes Vocab

5th Grade

13 Qs

Testing a Leaf for Starch

Testing a Leaf for Starch

5th - 12th Grade

8 Qs

Conservation of Matter

Conservation of Matter

5th - 8th Grade

15 Qs

Chemical Reactions

Chemical Reactions

7th Grade

12 Qs

Basic Business Terms

Basic Business Terms

Assessment

Quiz

Science

5th - 7th Grade

Medium

NGSS
MS-PS1-3, HS-ESS3-2

Standards-aligned

Created by

Rachel Berube

Used 104+ times

FREE Resource

AI

Enhance your content

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Products are:

acts performed for the benefit of others.

goods produced or manufactured to be sold.

things created to be used by people.

Tags

NGSS.MS-PS1-3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A service is:

a product offered in return for payment.

a random act of kindness.

work done for pay that benefits others.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the target market of Lunchables?

Senior citizens

Students

Babies

Prisoners

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of promoting, selling, and distributing a product or service

Advertisement

Business

Marketing

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Expenses are

the end-result of selling a product

expensive!

the money spent on supplies & investments

important in setting the price of a product or service

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business' revenue is the

Profits Minus the Expenses

The total amount of money earned from selling a product before expenses are subtracted

The expenses plus the profits

The total amount of money earned with the exception of wages being paid

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Revenue - Expenses =

Cost

Sales

Money

Profit

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?