Understanding Business Types Quiz

Which type of business is primarily involved in the production of goods from raw materials?

• Retailers

• Manufacturers

• Service Providers

• Wholesalers

Which type of business typically sells products directly to consumers?

• Wholesalers

• Manufacturers

• Retailers

• Service Providers

Which type of business is most likely to offer intangible products such as consulting or repair services?

• Manufacturers

• Retailers

• Wholesalers

• Service Providers

Which type of business acts as an intermediary, buying goods in bulk and selling them to retailers?

• Service Providers

• Retailers

• Wholesalers

• Manufacturers

Which type of business is responsible for transforming raw materials into finished products?

• Wholesalers

• Service Providers

• Manufacturers

• Retailers

Which type of business is most likely to have a storefront in a shopping mall?

• Manufacturers

• Wholesalers

• Retailers

• Service Providers

Which type of business is primarily focused on providing expertise or specialized tasks to clients?

• Retailers

• Wholesalers

• Manufacturers

• Service Providers

Which type of business typically does not sell directly to the end consumer?

• Retailers

• Service Providers

• Wholesalers

• Manufacturers

Which type of business is most likely to engage in mass production?

• Service Providers

• Retailers

• Manufacturers

• Wholesalers

Which type of business is most likely to offer after-sales support and maintenance?

• Wholesalers

• Manufacturers

• Retailers

• Service Providers