Mr G's Year 7s Quiz

True or false: Goods are actions that a business provides customers?

• True

• False

Goods are things that you can

• See and touch

• only imagin

• borrow but not keep

• none of the above

Services are something you can not touch or own

• True

• False

A business is?

• A place where people meet for fun

• a place that sells goods and services to customers

• a place where only goods are made

• a charity

Which of the following is a service?

• Pizza

• shoes

• haircut

• chocolate

Who is an entrepreneur?

• Someone who only buys businesses

• A person who creates a business to solve problems or need

• A worker in a business

• A government official

Entrepreneurs always avoid risks.

• True

• False

Which of these is not a characteristic of an entrepreneur?

• Spotting problems or opportunities

• Taking risks

• Coming up with creative ideas

• Always following what others do

Entrepreneurs often want to?

• Help people or make life easier

• Do nothing new

• Avoid selling products

• Work for free

Entrepreneurs try to make money by selling products or services

• True

• False