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4.1 Private Sector Businesses

Authored by Todd Shafer

11th Grade

Used 56+ times

4.1 Private Sector Businesses
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14 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Organization that generates revenue for the owners.

government

for-profit business

non-profit business

consumer market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An organization that exists to serve some public purpose.

government

for-profit business

non-profit business

consumer market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business that creates goods and services

producer

extractor

intermediary

wholesaler

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business or person that takes natural resources from the land.

producer

intermediary

manufacturer

extractor

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business that uses supplies from other producers to make products.

producer

intermediary

manufacturer

wholesaler

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Person or business that sells the goods and services from producers to customers.

producer

intermediary

wholesaler

retailer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business that purchases large quantities of products directly from producers and sells the products in smaller quantities to retailers. Also known as a distributor

service business

extractor

manufacturer

wholesaler

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