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Business Chapter 1

Horizontales
Contest between businesses
Items people can use to obtain what they need or want
Physical products
Wants shared by many people
Helps you make good choices
This is created by a business and benefits the whole community
Tasks businesses perform for consumers
Wants that are shared by a group of people
Things one has to have in order to survive
Verticales
Person who uses goods and services
Is the act of gathering and analyzing information
The money left after paying the costs
How businesses affect you
Any commercial activity that seeks a profit
People have _________wants for goods and services
Things you do not need to survive
To avoid this businesses must adjust