EBE- For profit vs. Non profit

Front

What is the difference between consumers and customers?

Back

Customers purchase goods and services.

Front

What do wants and needs have in common?

Back

Both wants and needs are things people use.

Front

What is the difference between wants and needs?

Back

Needs are necessary for survival, wants are nice to have.

Front

Plumbing, heating/air conditioning repair, accounting, and lawn care are all considered what type of businesses?

Back

Services

Front

Most car dealerships, beauty salons,  and home improvement stores are classified as which type of business? Options: combination product and service, product , service, sole proprietorship

Back

combination product and service

Front

How is Norman and Jones Septic Tank Cleaners classified? Options: Combination product and service, product, service, sole proprietorship

Back

service

Front

The Starving Artists Society is classified as a: Combination product and service, For-profit, Non-profit, Service

Back

Non-profit

Front

How is Tom and Claire's website maintenance business classified? Options: combination product and service, For-profit, Non-Profit, Product

Back

For-profit

Front

How is Goodwill classified? Options: combination product and service, For-profit, Non-profit, Service

Back

Non-profit

Front

What is the main reason people start businesses? Options: Out of boredom, To pay taxes, Earn a profit, To hire friends

Back

Earn a profit