Chapter 1 - Business And You

10 Questions | Total Attempts: 49

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Business Quizzes & Trivia

Chapter 1 - Business and You Quiz


Questions and Answers
  • 1. 
    Many things are produced by business.  A computer is an example of a ______________ .
    • A. 

      Business

    • B. 

      Good

    • C. 

      Consumer

    • D. 

      Want

  • 2. 
    Some things are necessary for our survival.  Food is an example of a ______________ .
    • A. 

      Choice

    • B. 

      Service

    • C. 

      Need

    • D. 

      Want

  • 3. 
    People who recognize consumer wants and needs and devise methods to satisfy them are _________________ .
    • A. 

      Interdependent

    • B. 

      Producers

    • C. 

      Services

    • D. 

      Entrepreneurs

  • 4. 
    Someone who uses goods and services is a _______________ .
    • A. 

      Business

    • B. 

      Consumer

    • C. 

      Entrepreneur

    • D. 

      Service

  • 5. 
    Because businesses and people in Canada rely on one another, we say that they are ________________ .
    • A. 

      Interdependent

    • B. 

      Consumer

    • C. 

      Serviced

    • D. 

      Producers

  • 6. 
    When you have a haircut, you are consuming a _____________ .
    • A. 

      Entrepreneur

    • B. 

      Business

    • C. 

      Good

    • D. 

      Service

  • 7. 
    Something that we would like to have, but is not necessary for our survival, is called a _________________ .
    • A. 

      Choice

    • B. 

      Want

    • C. 

      Good

    • D. 

      Service

  • 8. 
    An organization that produces goods and/or services is called ______________ .
    • A. 

      Business

    • B. 

      Consumer

    • C. 

      Producer

    • D. 

      Entrepreneur

  • 9. 
    Consumers consume, or use up, goods and services after they have need manufactured or made available by ____________ who represent the interest of business.
    • A. 

      Services

    • B. 

      Goods

    • C. 

      Entrepreneurs

    • D. 

      Producers

  • 10. 
    An abundance of goods and services offered in the market place results in many ______________ being made by consumers
    • A. 

      Goods

    • B. 

      Needs

    • C. 

      Choices

    • D. 

      Wants