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Business Essentials Unit 2: Part 1

Quiz by Jeanette Clark

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45 questions
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  • Q1
    A business that operates out of a physical facility (instead of online)
    brick and mortar
    30s
  • Q2
    A type of producer that constructs roads, bridges, buildings, houses, etc.
    builders
    30s
  • Q3
    People who use goods and services to satisfy their wants
    consumers
    30s
  • Q4
    retailers who operate solely online
    e-tailers
    30s
  • Q5
    A type of producer that changes the shapes or forms of materials so that they will be useful to consumers
    manufacturer
    30s
  • Q6
    the people who make or provide goods and services
    producers
    30s
  • Q7
    a type of producer that provides goods in their natural state.
    raw-goods producer
    30s
  • Q8
    a business that buys consumer goods or services and sells them to the ultimate consumer
    retailer
    30s
  • Q9
    a type of business that performs intangible activities that satisfy the needs and wants of consumers or industrial users
    service business
    30s
  • Q10
    the duty of a business to contribute to the well-being of society
    social responsibility
    30s
  • Q11
    businesses that buy and sell goods to others; retailers and wholesalers.
    trade industries
    30s
  • Q12
    Intermediaries who help to move goods between producers and retailers by buying goods from producers and selling them to retailers
    wholesalers
    30s
  • Q13
    manufactured or constructed items that are used in the production of goods and services
    capital goods
    30s
  • Q14
    products produced for personal consumption
    consumer goods and services
    30s
  • Q15
    the economic process or activity of using goods and services
    consumption
    30s

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