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Business Essentials Vocab Practice (2.01)

Total questions: 13

Worksheet time: 16mins

Name
Class
Date
1.

Match the following

a)

Brick and Mortar

1.

A business that operates out of a physical facility (instead of online)

b)

Builders

2.

A type of producer that constructs roads, bridges, buildings, houses, etc.

c)

E-tailers

3.

Retailers who operate solely online

d)

Retailers

4.

A business that buys consumer goods or services and sells them to the ultimate consumer

e)

Producers

5.

The people who make or provide goods and services

2.

A (a)   is a type of producer that provides goods in their natural state.

3.

Reorder the following to define "E-tailers".

a)

retailers

b)

who

c)

operate

d)

soley

e)

online

1)
2)
3)
4)
5)
4.

A ​ (a)   business is a ​ (b)   business that performs intangible activities that satisfy the needs and wants of ​ (c)   or ​ (d)   .

Choose from the below words
service
type of
consumers
industrial users
5.

Wholesalers are ​ (a)   who help move goods between ​ (b)   and ​ (c)   by buying goods from producers and selling them to retailers.

Choose from the below words
intermediaries
producers
retailers
6.

A ________ is a business that buys consumer goods or services and sells them to the ultimate consumer.

a)

retailer

b)

wholesaler

c)

manufacturer

d)

producer

7.

Match the following

a)

Social Responsibility

1.

The duty of business to contribute to the well-being of society

b)

Trade Industries

2.

Businesses that buy and sell goods to others; retailers and wholesalers

c)

Service Business

3.

A type of business that performs intangible activities that satisfy the needs & wants of consumers

d)

Raw-Goods Producer

4.

A type of producer that provides goods in their natural state

e)

Wholesalers

5.

Intermediaries who help move goods between producers and retailers

8.

A brick and mortar is a business that operates out of a (a)   (instead of online).

9.

A _____________ is a type of producer that changes the shapes or forms of materials so that they will be useful to consumers.

a)

retailer

b)

wholesaler

c)

manufacturer

d)

e-tailer

10.

Trade Industries are businesses that ​ (a)   and ​ (b)   ​ (c)   to others; retailers and wholesalers.

Choose from the below words
buy
sell
goods
11.

Builders are a type of (a)   that constructs roads, bridges, buildings, houses, etc.

12.

Reorder the following to define "Producers".

a)

the people who

b)

make

c)

or provide

d)

goods and

e)

services

1)
2)
3)
4)
5)
13.

Social Responsibility is the ​ (a)   of business to ​ (b)   to the well-being of ​ (c)   .

Choose from the below words
duty
contribute
society