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Questions and Answers
Explain the concept of want.
Explain the concept of want.
A good or service which people would like, but is not essential for living.
Define business activity.
Define business activity.
The process of producing goods and services to satisfy consumer demand.
What is a need?
What is a need?
A good or service which is essential to living.
How do businesses contribute to our daily lives?
How do businesses contribute to our daily lives?
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What is the purpose of business?
What is the purpose of business?
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Why is it important to learn key terms in business?
Why is it important to learn key terms in business?
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