Types of Businesses

Farmers belong to this type of business:

• Processor

• Maufacturer

• Producer

• Intermediary

Oil refineries belong to this type of business:

• Processor

• Maufacturer

• Producer

• Intermediary

Mining belongs to this type of business:

• Processor

• Maufacturer

• Producer

• Intermediary

A RAW good is:

• Cotton

• Ants

• Dogs

• Couch

An example of a service firm is

• Beauty Salon

• Mechanic

• Landscaping

• All of the above

Develop products for distribution from raw goods

• Processors

• Producers

• Manufacturers

Cotton mills are

• Producers

• Processors

• Intermediaries

Another name for the middleman is called

• Processors

• Manufacturers

• Intermediaries

Salvation Army is a Profit Organization

• True

• False

They operate on donations and volunteers

• Manufacturers

• Non-profit organizations

• Processors

• None of the above