This type organization performs tasks for consumers.
What is a service business?
100
The money left after a business pays all expenses.
What is profit?
100
This function of business is responsible for leading the organization to meet its goals.
What is management?
100
This type of business has one owner.
What is sole proprietorship?
200
Burger King is an example.
What is a franchise?
200
This type of business sells tangible items?
What is a product business?
200
A business' desire to meet the wants and needs of consumers by providing goods and services.
What is the motivation to start a business?
200
This function is responsible for Product, Placement, Promotion, and Price.
What is marketing?
200
This type is owned by many people called stockholders. It requires a charter from the state where it is headquartered. Apple, Nike, and Wal-Mart are examples.
What is corporation?
300
John & Sally's Flower Shop is an example.
What is a partnership?
300
This type of business provides tangible items and performs tasks for consumers.
What is a combination business (product & service)?
300
Water, shelter, and clothing are examples of these.
What are needs?
300
This function is responsible for maintaining email accounts, hardware, and software in the organization.
What is information technology?
300
This type has 2 or more owners.
What is partnership?
400
American Cancer Society is an example.
What is a non-profit?
400
A business whose goal is to provide a service rather than make a profit.
What is a non-profit?
400
Xbox, Coke, and iPads are examples of these.
What is wants?
400
This function is responsible for recording and auditing financial activities in the organization.
What is accounting?
400
This type of business allows the owner to rely on the parent company for support and guidance.
What is a franchise?
500
Ron's Pizza is an example.
What is a sole proprietorship?
500
American Cancer Society and American Red Cross are examples of these.
What are non-profits?
500
Things that you can touch or carry are goods. These are what someone does for you.
What are services?
500
This function is responsible for maintaining employee relations. They hire and fire employees.
What is human resources?
500
This classification of business puts all profits toward its cause or purpose.