Business Models Flashcard

Business Models Flashcard

Assessment

Flashcard

Business

11th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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54 questions

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1.

FLASHCARD QUESTION

Front

A business model is how a company sells its products to customers and it's plan for making a __________.

Back

profit

2.

FLASHCARD QUESTION

Front

A manufacturer makes finished products from raw materials and is a type of: business ownership, business model, business plan, franchise

Back

business model

3.

FLASHCARD QUESTION

Front

A __________ buys products from a manufacturer, distributor, and/or wholesaler and sells directly to the consuming public.

Back

retailer

4.

FLASHCARD QUESTION

Front

There are two types of retailers, Bricks-and-Mortar retailers and __________ retailers.

Back

Online

5.

FLASHCARD QUESTION

Front

McDonalds and Subway are examples of a __________ business model.

Back

franchise

6.

FLASHCARD QUESTION

Front

A furniture factory makes its products from wood and other raw materials. It is called a:

Back

manufacturer

7.

FLASHCARD QUESTION

Front

What are some factors to consider when selecting a type of business ownership?

Back

tax liability, the limits or potential liabilities of personal losses, control in operating the business

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