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WorksheetsTypes of Businesses
Total questions: 10
Worksheet time: 6mins
Types of businesses are classified by the work activities performed.
True
False
Develop products for distribution from raw goods
Processors
Producers
Manufacturers
Cotton mills are
Producers
Processors
Intermediaries
Another name for the middleman is called
Processors
Manufacturers
Intermediaries
An example of a service firm is
Beauty Salon
Mechanic
Landscaping
All of the above
Salvation Army is a Profit Organization
True
False
They operate on donations and volunteers
Manufacturers
Non-profit organizations
Processors
None of the above
An automobile factory is considered a
Processor
Manufacturer
Producer
Buy finished goods from manufacturers in large quantities and sell them to businesses in smaller quantities
Wholesale
Retailers
Buy finished goods from manufacturers or wholesalers and sell them directly to the consumer
Retailer
Wholesaler
