Types of businesses
A place that sells goods or services is called this.
What is a business?
Commercials and posters are forms of this.
What is advertising?
A person who works for a company is called this.
What is an employee?
Money a business earns is called this.
What is revenue?
Products people buy are called this.
What are goods?
A business that sells food and meals is called this.
What is a restaurant?
People who buy products are called this.
What are customers?
The person in charge of workers is often called this.
What is a manager?
Money left after expenses are paid is called this.
What is profit?
Haircuts and car repairs are examples of these.
What are services?
A person who starts a business is called this.
What is an entrepreneur?
A famous symbol for a company is called this.
What is a logo?
Money workers earn for doing a job is called this.
What is wages/income?
Money spent to run a business is called this.
What are expenses?
The amount something costs is called this.
What is the price?
A business owned by one person is called this.
What is a sole proprietorship?
Lowering prices to attract buyers is called having a this.
What is a sale?
Workers talking and cooperating together is called this.
What is teamwork?
A business may borrow this from a bank to grow.
What is a loan?
A business that sells items online may have this type of website.
What is an e-commerce website?
A business that makes products in factories is involved in this.
What is manufacturing?
The activity of promoting and selling products is called this.
What is marketing?
A paper listing your skills and work history is called this.
What is a résumé?
A plan for spending money is called this.
What is a budget?
When two businesses work together, it may be called this.
What is a partnership?