
Business Characteristics Vocabulary Review #1-iCEV
Business
11th Grade
Used 4+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
businesses which develop products for distribution from raw goods
leaders
managers
developers
producers
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
materials derived from natural resources
intermediaries
raw goods
processed goods
natural goods
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
businesses which change raw goods into a more finished form, known as processed goods
manufacturers
intermediaries
processors
distributors
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
businesses which change raw or processed goods into finished goods
manufacturers
intermediaries
processors
service firms
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
businesses which move finished goods from one business to another by buying, storing and reselling goods; often referred to as “middlemen”
manufacturers
intermediaries
processors
service firms
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
businesses which provide services to consumers and other businesses
service firms
non-profit organizations
intermediaries
human resources
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
businesses which provide goods and services to businesses and individuals, but operate on donations, volunteers and philanthropists rather than profit
non-profit organizations
service firms
profit organizations
goods firms
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