The 4 types of businesses are...

Service, Manufacturing, Wholesale/Middlemen, Retail

Middlemen/Wholesalers buy

in large quantities and resell in smaller quantities.

Trade business is also known as

Wholesale business or Retail business

provides a service to the customer for a fee.

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Entrepreneurship Chapter 3.1

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Entrepreneurship chapter 3.1

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Questions 15

Answers

1
In the 1950's most of the economy was what type of business?
Wholesale
Service
Retail
Manufacturing
2
The 4 types of businesses are...
Service, Manufacturing, Wholesale/Middlemen, Retail
Farming, Entrepreneur, Manufacturing, Retail
Middlemen, Entrepreneur, Mining, Retail
Risky, Entrepreneurial, Retail, Service
3
Middlemen/Wholesalers buy
used goods.
in large quantities and resell in smaller quantities.
service goods.
goods from retailers.
4
The 2 special types of business are...
Farming/Mining
Retail/Wholesale
Industrial/Manufacturing
Manufacturing/Service
5
The 2 special types of businesses are...
Organic, Green
Entrepreneur, Service
Retail, Manufacturing
Mining, Farming
6
This special type of business is an extraction business
Mining
Wholesalers
Retail
Dentistry
7
What industry will dominate 2/3's of the American economic production in the future?
Mining
Farming
Manufacturing
Service
8
Information such as age, population, and income used to predict trends is called
Private information
Demographics
Advertisement
Statistics
9
Wholesalers buy from who and sell to who
Consumers, Producers
Manufacturers, Retailers
Manufacturers, Services
Manufacturers, McDonalds
10
Retailing businesses sell directly to
Consumers
Companies
Farms
Coca Cola
11
Trade business is also known as
Skilled business
Wholesale business or Retail business
Retail business
Wholesale business
12
Manufacturing businesses make what two types of goods?
Sustainable , Durable
Furniture, Clothes
Consumer, Industrial
Wholesale, Retail
13
A business that uses raw materials to make goods to sell to middlemen is called a
Service business
Manufacturing business
Producers business
Retail business
14
A Service business
provides goods for a fee.
provides a service to the customer for a fee.
provides a service free.
provides wants to the public.
15
This is an example of a Franchise
McDonald's
Bernhardt
Walmart
A partnership

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