Types of Businesses Flashcard

Front

What type of business creates products from raw materials or components?

Back

Manufacturing

Front

A grocery store that sells products directly to consumers is an example of which type of business?

Back

Retailing

Front

Which type of business focuses on providing a skill or expertise to its customers rather than a tangible product? Options: Retailing, Service, Processing, Manufacturing

Back

Service

Front

A business that helps products move from manufacturers to retailers or other businesses is known as a:

Back

Distribution business

Front

What type of business transforms raw agricultural products, like wheat into flour, to be used by other businesses?

Back

Processing

Front

Which of the following is an example of a service business? A bakery, A moving company, A bookstore, A factory

Back

A moving company

Front

An example of a manufacturing business would be: A dental office, A steel mill, A grocery store, A law firm

Back

A steel mill

Front

Which type of business is typically involved in buying large quantities from manufacturers and selling to retailers? Options: Retailing, Distribution, Manufacturing, Processing

Back

Distribution

Front

A clothing boutique that sells directly to fashion-conscious customers would be considered a:

Back

Retailing business

Front

What type of business takes a raw material, like milk, and turns it into products such as cheese or yogurt?

Back

Processing