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    Buyer and Seller Quiz Tle 6

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    Merry Chris Contorno
    1. The document defines key business terms including entrepreneur, buyer, seller, product, establishment, goods, service, profit, and demand. 2. An entrepreneur is defined as a person who starts a business and is willing to risk loss to make money. A buyer purchases goods or services from a seller. 3. A seller owns or manages a business establishment and offers goods, products or services for sale.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Buyer and Seller Quiz Tle 6

    Uploaded by

    Merry Chris Contorno
    773 views10 pages
    1. The document defines key business terms including entrepreneur, buyer, seller, product, establishment, goods, service, profit, and demand. 2. An entrepreneur is defined as a person who starts a business and is willing to risk loss to make money. A buyer purchases goods or services from a seller. 3. A seller owns or manages a business establishment and offers goods, products or services for sale.

    Original Description:

    Entrepreneur 6 Quiz-Buyer and Seller

    Original Title

    BUYER AND SELLER QUIZ TLE 6

    Copyright

    © © All Rights Reserved

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    1. The document defines key business terms including entrepreneur, buyer, seller, product, establishment, goods, service, profit, and demand. 2. An entrepreneur is defined as a person who starts a business and is willing to risk loss to make money. A buyer purchases goods or services from a seller. 3. A seller owns or manages a business establishment and offers goods, products or services for sale.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    773 views10 pages

    Buyer and Seller Quiz Tle 6

    Uploaded by

    Merry Chris Contorno
    1. The document defines key business terms including entrepreneur, buyer, seller, product, establishment, goods, service, profit, and demand. 2. An entrepreneur is defined as a person who starts a business and is willing to risk loss to make money. A buyer purchases goods or services from a seller. 3. A seller owns or manages a business establishment and offers goods, products or services for sale.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    You are on page 1of 10

    C

    ______1. A person who starts a business


    and is willing to risk loss in order to
    make money.
    a. buyer
    b. seller
    c. entrepreneur
    d. d. manager
    C It is the person who buys goods
    ____2.
    or services from the seller.

    a. entrepreneur
    b. manager
    c. buyer
    d. seller
    D This person owns or manages
    _____3.
    the store or business establishment and
    offers goods, products, or services to
    those who need it.
    a. lawyer
    b. teacher
    c. buyer
    d. seller
    B
    ____4.It is manufactured following a
    process or grown and nurtured in order
    to be sold for a profit.
    a. demand
    b. product
    c. service
    d. profit
    A It is a facility supplying a public
    ____5.
    or market demand.
    a. establishment
    b. School
    c. factory
    d. canteen
    B Something you buy based on
    _____6.
    your needs and wants is called
    a. education
    b. goods
    c. bills
    d. service
    C When you pay something at a
    ____7.
    store, you are the ________.
    a. entrepreneur
    b. manager
    c. buyer
    d. seller
    B A financial gain, especially the
    ___8.
    difference between the amount earned and
    the amount spent in buying, operating, or
    producing something.
    a. service
    b. profit
    c. demand
    d. good
    D It is defined as an organization or
    ____9.
    enterprising entity engaged in commercial,
    industrial, or professional activities.
    a. establishment
    b. factory
    c. school
    d. business
    C A consumer’s desire to purchase
    ____10.
    goods and services and willingness to pay a
    price for a specific good or service.
    a. profit
    b. product
    c. demand
    d. business

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