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Module 3: Purpose of Business

Quiz by Heather Barton

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6 questions
Show answers
  • Q1
    True/False: The purpose of businesses is to serve only the needs of consumers.
    False
    True
    30s
  • Q2
    Which of the following is NOT considered a consumer?
    Grandparents
    Pets
    Parents
    Other Businesses
    30s
  • Q3
    Classify the following as a need or a want: Buying groceries at the grocery store.
    Need
    Other
    Want
    30s
  • Q4
    Classify the following as a need or want: Purchasing an iPad from an electronics store.
    Other
    Need
    Want
    30s
  • Q5
    Classify the following type of business: Adam mows lawns for his neighbors for $20 per cut.
    Product
    Other
    Goods
    Service
    30s
  • Q6
    Which of the following is NOT an example of a good/product that a business would sell?
    RVO Shirts
    Dog Grooming
    Spinners
    Surfboards
    30s

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