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Basics of Business

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Basics of Business

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About this activity

Test your knowledge of fundamental business concepts.

Created by

Elizabeth Guida
Elizabeth Guida
United States

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Basics of Business
 

Basics of BusinessOnline version

Test your knowledge of fundamental business concepts.

by Elizabeth Guida
1

A platform where artisans sell their crafts.

Hints

Popular for unique, creative products.

Founded in 2005, online marketplace.

Known for handmade and vintage items.

2

A cookie company known for rotating flavors weekly.

Hints

Their cookies are served warm and often come in boxes.

They have a distinctive pink packaging.

Famous for large, freshly baked cookies.

3

A company run by one or a few people, often local.

Hints

Starts with a small initial investment and grows over time.

Often serves a local community or niche market.

Typically has fewer employees than large corporations.

4

An economic system where private individuals own businesses.

Hints

It contrasts with government-controlled economies.

Individuals can start and run their own companies.

Focuses on private property and free markets.

5

A medium of exchange we carry in our wallets.

Hints

Essential for transactions worldwide.

Can be coins or paper bills.

Used to buy goods and services.

 
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