Basics of Business

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Test your knowledge of fundamental business concepts.

Elizabeth Guida

United States

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Basics of BusinessVersion en ligne Test your knowledge of fundamental business concepts. par Elizabeth Guida 1 A platform where artisans sell their crafts. Hints 1 Popular for unique, creative products. 2 Founded in 2005, online marketplace. 3 Known for handmade and vintage items. 2 A cookie company known for rotating flavors weekly. Hints 1 Their cookies are served warm and often come in boxes. 2 They have a distinctive pink packaging. 3 Famous for large, freshly baked cookies. 3 A company run by one or a few people, often local. Hints 1 Starts with a small initial investment and grows over time. 2 Often serves a local community or niche market. 3 Typically has fewer employees than large corporations. 4 An economic system where private individuals own businesses. Hints 1 It contrasts with government-controlled economies. 2 Individuals can start and run their own companies. 3 Focuses on private property and free markets. 5 A medium of exchange we carry in our wallets. Hints 1 Essential for transactions worldwide. 2 Can be coins or paper bills. 3 Used to buy goods and services.