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Types and Functions of Business Flashcards | StudBud
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Types and Functions of Business
Types and Functions of Business
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Answers
1
There are how many main functions involved in the operations of all types of businesses?
4
6
5
3
2
Which of the following is not a function of business?
Management
Entrepreneurship
Accounting
Marketing
3
How many types of businesses are there?
7
3
6
4
4
A ________________ is a business that moves goods from one business to another
Intermediary
Retailer
Wholesaler
Manufacturer
5
A ________________ purchases goods from a wholesalers and sells them to consumers.
Manufacturer
Wholesaler
Intermediary
Retailer
6
A ________________ changes raw materials into more finished products.
Intermediary
Processor
Producer
Manufacturer
7
A ________________ is a business that makes finished products out of processed goods.
Intermediary
Processor
Producer
Manufacturer
8
A ________________ distributes goods.
Manufacturer
Intermediary
Wholesaler
Retailer
9
A ________________ is a business that gathers raw goods.
Manufacturer
Processor
Producer
Intermediary
10
This is the business or art of money management.
Accounting
Marketing
Finance
Management