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Ch. 5

How many types of business are there?
1
3
4
7
How many business activities are there?
2
4
6
7
What is a business that grows products or takes raw materials from nature called?
Manufacturer
Extractors
Marketers
Service Businesses
What's a manufacturer?
Takes the extractors products & change them into a form consumers can use
A business that grows products from nature
Define Processing...
Individual consumers
Changes the form of material so they can be consumed
Train a group of employees
All businesses must have some kind of a record keeping system
True
False
What do businesses do?
Buy goods & services
Sell items to make no profit
Making free money
 
All business must have what?
What's a browser?
A software program that gives access to what you need
Google
Yahoo
Bing
Firefox
Instagram
What imoact does a new business have on a community?
Pays people money (A)
Kills people (B)
Buy products (C)
Both A and C
Processing...
Large number of identical products
Changes the form of materials
Transporting products
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