Week 20: Business

Last updated almost 6 years ago

9 questions

Week 20: Business

Last updated almost 6 years ago

9 questions

Question 1

Profit is _______. (Owning a Business Can Be a Rewarding Job)

the money the employer uses to pay for supplies, salaries, and rent.

another word for money.

all of the money the employer takes in.

the money left over after a business pays all of its expenses.

Question 2

How is a small business different from a corporation? (Owning a Business Can Be a Rewarding Job)

A corporation employs only a few people and a small business can employ thousands.

A small business employs only a few people and a corporation can employ thousands

A corporation can be run in a house and a small business needs much more space.

A corporation can be run by one person and a small business needs many people.

Question 3

When might be the best time to get a toy at the lowest price? (See it, Want it, and Buy it?)

after waiting a little while

Christmas

when it first goes on the shelf

when the supply has increaed

Question 4

1. People stopy buy the first toy.
2. The product stays on the store shelf.
3. ??
4. The toy goes on sale!
What is step 3 in the sequence of events?
(See it, Want it, and Buy it?)

The store wants to move the product off the shelves.

A new toy is introduced.

The supply has increased.

Demand is high.

Question 5

When does the price of a toy go down? (See it, Want it, and Buy it?)

when demand is low

when it's new on the shelf

when there are too many on the shelf

when everybody want to buy one

Question 6

A person who gets paid to help run a business is called an ______. (Vocabulary)

employee

employer

consumer

producer

Question 7

A person who buys goods and services is called a ____. (Vocabulary)

employee

employer

consumer

producer

Question 8

The money paid by the employer to the employees is called a ______. (Vocabulary)

profit

salary

expenses

taxes

Question 9

The costs of all the things a business needs to stay open is called ____.

profit

salary

expenses

taxes

Question 1

Profit is _______. (Owning a Business Can Be a Rewarding Job)

the money the employer uses to pay for supplies, salaries, and rent.

another word for money.

all of the money the employer takes in.

the money left over after a business pays all of its expenses.

Question 2

How is a small business different from a corporation? (Owning a Business Can Be a Rewarding Job)

A corporation employs only a few people and a small business can employ thousands.

A small business employs only a few people and a corporation can employ thousands

A corporation can be run in a house and a small business needs much more space.

A corporation can be run by one person and a small business needs many people.

Question 3

When might be the best time to get a toy at the lowest price? (See it, Want it, and Buy it?)

after waiting a little while

Christmas

when it first goes on the shelf

when the supply has increaed

Question 4

1. People stopy buy the first toy.
2. The product stays on the store shelf.
3. ??
4. The toy goes on sale!
What is step 3 in the sequence of events?
(See it, Want it, and Buy it?)

The store wants to move the product off the shelves.

A new toy is introduced.

The supply has increased.

Demand is high.

Question 5

When does the price of a toy go down? (See it, Want it, and Buy it?)

when demand is low

when it's new on the shelf

when there are too many on the shelf

when everybody want to buy one

Question 6

A person who gets paid to help run a business is called an ______. (Vocabulary)

employee

employer

consumer

producer

Question 7

A person who buys goods and services is called a ____. (Vocabulary)

employee

employer

consumer

producer

Question 8

The money paid by the employer to the employees is called a ______. (Vocabulary)

profit

salary

expenses

taxes

Question 9

The costs of all the things a business needs to stay open is called ____.

profit

salary

expenses

taxes

Week 20: Business

Week 20: Business

Profit is _______. (Owning a Business Can Be a Rewarding Job)

How is a small business different from a corporation? (Owning a Business Can Be a Rewarding Job)

When might be the best time to get a toy at the lowest price? (See it, Want it, and Buy it?)

1. People stopy buy the first toy.2. The product stays on the store shelf.3. ??4. The toy goes on sale! What is step 3 in the sequence of events?(See it, Want it, and Buy it?)

When does the price of a toy go down? (See it, Want it, and Buy it?)

A person who gets paid to help run a business is called an ______. (Vocabulary)

A person who buys goods and services is called a ____. (Vocabulary)

The money paid by the employer to the employees is called a ______. (Vocabulary)

The costs of all the things a business needs to stay open is called ____.

Profit is _______. (Owning a Business Can Be a Rewarding Job)

How is a small business different from a corporation? (Owning a Business Can Be a Rewarding Job)

When might be the best time to get a toy at the lowest price? (See it, Want it, and Buy it?)

1. People stopy buy the first toy.2. The product stays on the store shelf.3. ??4. The toy goes on sale! What is step 3 in the sequence of events?(See it, Want it, and Buy it?)

When does the price of a toy go down? (See it, Want it, and Buy it?)

A person who gets paid to help run a business is called an ______. (Vocabulary)

A person who buys goods and services is called a ____. (Vocabulary)

The money paid by the employer to the employees is called a ______. (Vocabulary)

The costs of all the things a business needs to stay open is called ____.

1. People stopy buy the first toy.
2. The product stays on the store shelf.
3. ??
4. The toy goes on sale!
What is step 3 in the sequence of events?
(See it, Want it, and Buy it?)

1. People stopy buy the first toy.
2. The product stays on the store shelf.
3. ??
4. The toy goes on sale!
What is step 3 in the sequence of events?
(See it, Want it, and Buy it?)