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WorksheetsPrinciples of business vocabulary game chapter 4
Total questions: 26
Worksheet time: 13mins
A business market is...
A place where entrepreuers go to order food
A place where people create music
A market that is run by one or more people
Consists of customers who buy products for use in a business
Business to business (B2B) is...
Businesses that sells primarily to other businesses
Markets that sell businesses
Businesses that collaborate with other businesses
Businesses that sell produce and agriculture to other businesses
A board of directors are...
An organization that dictates a business
A manufacturing company that creates business laws
A corporation that directs how and why a business should be run
A group of individuals who make high-level management decisions for a business and establish company policies.
Business to consumer (B2C) is...
Businesses that sells primarily to other individual consumers
businesses that sell chicken
businesses that sells mainly to other consumers for their own gain
businesses that do not exist
Consumer market
A supermarket that Supplies capital goods
A market that creates artificial consumers
A msrket that sells capital goods
Consists of customers who buy products for their own use
Cooperative
Business that is owned and operated by those using its services; co-op
The state of a business economic status
the feelings of how a CEO feels
Buisness that is cooperative to all labor laws
Corporation
Businesses that segregate themselves from their consumers
Business that is legally separate from its owners and has most of the legal rights of an actual person
Businesses that recall their products globally
Businesses that submit bankruptcy several times towards the end of the fiscal year
Dividend
Portion of a corporation's earnings distributed to stockholders
income of a business
expenses of a business
Half of a company's earnings contributed towards charity
Extractor
A manufacturer that makes natural resources
A corporation that steals work
Business or person that takes natural resources from the land
A business that does cross-selling
For-profit business
Business that destroys its money
A business that works for free
Organization that generates revenue
Business that gives up all their money to the government
Government Market
A market that destroys the government
A market that buys governments
A market that works with the government
Customers include national, state, and local government offices and agencies.
Institution
Non profit organization that may be either public or private
profit organization that is neither public nor private
Profit organization that is public
Non profit organization that is private only
Intermediary
Business that sells stocks
Person or business that sells the goods and services from producers to consumers
Business that gives their money to charity
businesses that keep their prices at a medium level
Liability
Legal responsibility
Legal altercation
Illegal bankruptcy
Illegal cross-selling
Limited Liability company (LLC)
A company that takes no responsibility
Form of business ownership that combines the benefits of a corporation with those of proprietorships and partnerships
Form of business that combines the cons of illegally selling stocks
A company that has a lot of integrity
Manufacturer
Businesses that utilize supplies from other producers to make products
A person that takes natural resources from the earth
A person that steals other products to make their own
A person that makes products artificially
North American Industry Classification System (NAICS)
Organization that supports north American economies
Numeric system used to classify businesses and collect economic statistics; pronounced as nĀkes
System used to classify North American countries
A form of government that dictates the functions of the North American economies
Not For profit organization
An organization that works for the government
Organization that exists to serve some public purpose
Business that works to provide for pets
Organization that works for $$$$
Partnership
When a person works alone in a business
Association of 2 or more persons who co-own a business with the objective of earning a profit
Assocation of two people working togehter to cross sell
When two or more people decide to stop working together
Partnership agreement
The decline of collaboration
Written contract that established a partnership; also called the articles of partnership
When one person agrees to work alone
A statement that lists the terms for starting a business
Producer
Business that creates goods and services
Businesses that burn products
An organism at the top of the food chain
A business that doesn't care about the well-being of their employees
Proprietorship
A Business that is owned by more than two people
A principle that states the terms of finance in business
Business that is owned and often operated by a single individual
Businesses that go bankrupt
Retailer
Business that buys products from wholesalers or directly from producers, and sells them to consumers to make a profit
Businesses that supply sugary drinks like coca cola
Businesses that buy bowls for a bowling company
businesses that stock up supplies for consumers
Service Business
Businesses that provide capital goods that are expired
Business that earns profits by providing consumers with services that meet their needs and wants
Businesses that file for bankruptcy
Businesses that offer a service
Stock
Share of ownership in a corporation
How much debt a company has to pay off
Amount of supply a business does not have
Amount of demand a business has
Wholesaler
A farmer that supplies partners with crops for consumers
Business that purchases large quantities of products directly from producers and sells the products in smaller quantities to retailers; known as a distributor
A person that does not partner with other businesses in fear of bankruptcy
An organization that operates for the public good
