Intro to Business Chapter 6

Front

Ocean spray is an example of a cooperative.

Back

True

Front

What type of organization focuses on providing a service, but not to make a profit? Options: non profit, franchise, cooperative, corporation

Back

non profit

Front

A firm that turns corn into vegetable oil is called a(n) __________

Back

processor

Front

A processor changes raw materials into a __________ product.

Back

more finished

Front

Processed goods are turned into finished products by a _________.

Back

manufacturer

Front

A business that moves goods from one business to another is called a(n)

Back

intermediary

Front

The buying and selling of goods that have already been produced is called _________.

Back

procurement

Front

The process of achieving company goals by planning, organizing, directing, controlling, and evaluating the effective use of resources is called _______.

Back

management

Front

Maintaining and checking records, handling bills, and preparing financial reports for a business is called __________.

Back

accounting

Front

__________ is the process of planning, pricing, promoting, selling, and distributing ideas, goods, and services.

Back

marketing