Business Characteristics Vocab
Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Wayground Content
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23 questions
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1.
FLASHCARD QUESTION
Front
businesses which develop products for distribution from raw goods
Back
Producers
2.
FLASHCARD QUESTION
Front
materials derived from natural resources
Back
Raw Goods
3.
FLASHCARD QUESTION
Front
businesses which change raw goods into a more finished form, known as
Back
Processors
4.
FLASHCARD QUESTION
Front
businesses which change raw or processed goods into finished goods
Back
Manufacturers
5.
FLASHCARD QUESTION
Front
businesses which move finished goods from one business to another by buying, storing and reselling goods; often referred to as “middlemen”
Back
Intermediaries
6.
FLASHCARD QUESTION
Front
businesses which provide services to consumers and other businesses
Back
Service Firms
7.
FLASHCARD QUESTION
Front
businesses which provide goods and services to businesses and individuals, but operate on donations, volunteers and philanthropists rather than profit
Back
Non-profit Organizations
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