Intro to Business Review

an organization that produces and distributes goods and services.

• Market

• Consumer

• Business

Items sold by a business that you can see or touch

• Goods

• Services

• Consumers

 Activities provided by a business that cannot be touched. 

• Goods

• Services

• Consumers

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

• Goods

• Profit

• Consumers

Things that are necessary for survival are

• Goods

• Wants

• Needs

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

• Goods

• Wants

• Needs

Businesses call people that use goods and services every _____

• Consumers

• Profits

• Wants

Temporary location for businesses to sell their products or services.

• Shopping Center

• Independent Store

• Online Store

• Market

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

• Shopping Center

• Independent Store

• Online Store

• Market

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

• Shopping Center

• Independent Store

• Online Store

• Market