Intro to Business Review

Front

an organization that produces and distributes goods and services.

Back

Business

Front

Items sold by a business that you can see or touch

Back

Goods

Front

Activities provided by a business that cannot be touched.

Back

Services

Front

The amount of money made by a business after they pay expenses is called

Back

Profit

Front

Things that are necessary for survival are

Back

Needs

Front

Things that we would like to have, but are not necessary for survival are

Back

Wants

Front

Businesses call people that use goods and services every day _____

Back

Consumers

Front

Temporary location for businesses to sell their products or services.

Back

Market

Front

A big building or outdoor place with many different types of stores for businesses to sell goods and services.

Back

Shopping Center

Front

A single store in a specific location in a community for businesses to sell goods and services.

Back

Independent Store