Chapter 3 Vocabulary Flash Cards

Chapter 3 Vocabulary Flash Cards

Assessment

Flashcard

Business

9th Grade

Practice Problem

Hard

Created by

Caroline Poovey

FREE Resource

Student preview

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10 questions

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1.

FLASHCARD QUESTION

Front

Business model

Back

A company's plan for making a profit

2.

FLASHCARD QUESTION

Front

Cooperative

Back

A type of business that is owned and managed by members of a group who benefit from services the business provides

3.

FLASHCARD QUESTION

Front

Corporation

Back

A business owned by stockholders who share in profits and losses

4.

FLASHCARD QUESTION

Front

Distribution channel

Back

The path a good must follow in order to reach a consumer

5.

FLASHCARD QUESTION

Front

Limited liability company (LLC)

Back

Type of ownership that joins elements of a corporation and a partnership

6.

FLASHCARD QUESTION

Front

Organizational design

Back

The way a company’s mission relates to its structure

7.

FLASHCARD QUESTION

Front

Partnership

Back

A form of business owned by two or more individuals who share management and profits.

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