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Purpose and Function of Business Vocab Game Can you get them all right? By Whitney Marshall.

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Presentation on theme: "Purpose and Function of Business Vocab Game Can you get them all right? By Whitney Marshall."— Presentation transcript:

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2 Purpose and Function of Business Vocab Game Can you get them all right? By Whitney Marshall

3 To Play: 1. Read the question 2. Try to pick the correct answer 3. If you get stuck, click the help button 4. Good Luck! This is the hint button <-<- Click this to continue -> *Be sure to keep track of how many questions you get right on the first try because it will be used later in the game.*

4 What are items that are nice to have, but are not necessary for survival? 1. Needs Wants Goods Scenario: Madison wanted the new iPhone that just came out in stores.

5 What is the process of recording and reporting the financial data (money) for a business? 2. Accounting Profit Motive Management Scenario: Paul decided that he would start working and record all of the companies financial increases and declines throughout the month.

6 What is money that remains after a business has paid for expenses that run the business? 3. Franchise Profit Motive Profit Scenario: After Sarah made the money back that she had spent for her business, she made an extra $30 that she kept for herself.

7 What is a contract between a parent company and individual to use the name and sells the goods and services for the parent company? 4. Partnership Franchise Management Scenario: Target has a business in Holly Springs which allowed that business to use Targets supplies and prices.

8 What is a task that is preformed for a customer? 5. Operations Corporation Services Scenario: Sally has a company come to her house and clean the carpets for her so she doesn’t have to do it on her own.

9 What is the process of creating, promoting, and presenting a product to the customer? 6. Marketing Needs Human Resources Scenario: The owner of a business paid so he could put his company’s slogan and logo on a billboard.

10 What are items necessary for existence? 7. Needs Human Resources Goods Scenario: I have water, food, clothing, and a house. These are the necessary supplies for survival.

11 What is it called when a company is owned only by one person? 8. Consumer Multinational Corporation Sole Proprietorship Scenario: A violin maker has his own company. He is the only one who owns the business.

12 What is it called when a business’s goal is to provide a service rather than make a profit? 9. Non-Profit Organization Human Resources Corporation Scenario: Goodwill supposedly makes no profit, but in reality the owners receive millions of dollars.

13 What are the activities involved in the day to day production of a good or service? 10. Management Operations Human Resources Scenario: Billy was testing the quality of the items being shipped.

14 What is a contest between businesses that sell the same goods/services? 11. Competition Goods Marketing Scenario: There are two kinds of paper towels by two different companies and I can only bye one brand of paper towels.

15 What is the process of developing & installing computer information systems and applications? 12. Information Technology Corporation Operation Scenario: Jim’s job is to support the computer and what the computer needs to get done. (Ex; maintain network)

16 What are the activities that deal with hiring and firing, training, and other personnel/employee issues? 13. Consumer Human Resources Partnership Scenario: I had to train the new employees so their job would be done correctly.

17 What is a business owned by two or more people? 14. Sole Proprietorship Partnership Goods Scenario: My two cousins own a flower shop together.

18 What is a business that is considered separate from the “owners property” by law? 15. Corporation Management Franchise Scenario: Jim’s business failed, but the bank cannot take personal property away to pay off the debt on the business.

19 What is a company that does business and has business facilities in many countries around the world? 16. Non-Profit Organization Franchise Multinational Corporation Scenario: Coca-Cola has factories in some countries for a lower price than in America.

20 What is a person’s incentive to WORK to gain something? 17. Profit Motive Wants Profit Scenario: I want to make money so I work hard and do my job to receive that money.

21 What are items that businesses sell that are tangible? 18. Wants Goods Operations Scenario: Jim bought a broom from the store so he can sweep the floor on his own.

22 Who is a person who uses goods and services? 19. Human Resources Consumer Needs Scenario: I bought a hair brush and called a company to cut my hair later today.

23 What is the process of leading and directing all part of an organization? 20. Management Human Resources Operations Scenario: Joe made major decisions about the company, including what they should spend money on.

24 Congratulations! You have completed the Purpose and Function of Business Vocab Game.

25 How did you do? Use this chart to find out! *Didn’t do so well? Click here to try again and maybe get a better score.*here

26 Can you guess what is behind this puzzle? Click on pieces to delete them and find out what is behind.

27 If you said that the picture was a building or business you got it right! Now you have your own business to run.

28 Drag your mouse through the maze. Don’t touch the walls! FINISH BEGINNING Hit the finish wall to complete your game. Start here! ->

29 Sorry, you lost! Click here to play againhere Click here to go to the credits

30 Congratulations, You Won! Click here to play againhere Click here to go to the creditshere

31 Thanks for playing! Questions and hints by: Whitney Marshall Animations by: Whitney Marshall Definitions by: Ms. Balgooyen Images from: Google

32 Click here to play again Good job! Way to go! You did great! Nice work! Press the esc key to exit the game


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