Business Terms Beginner Quiz 3

1. Who is an individual hired by an employer to perform specific tasks for wages or salary?

2. What is a fixed regular payment, typically paid on a monthly basis, made by an employer to an employee?

3. What is a specific, measurable result that a business aims to achieve?

4. What is a set of guidelines or rules adopted by an organization to guide decision-making?

5. What is an intangible act or performance offered by one party to another?

6. What is a tangible item that is produced and sold to consumers?

7. What is the exchange of goods and services for money or other goods?

8. What is a mandatory financial charge imposed by a government on individuals or businesses?

9. What refers to the overall quality or worth of a good or service?

10. What is the potential for loss or failure in a business venture?