BE Vocab List 2 Practice

The word consumer MOST NEARLY means:

• item offered for sale

• monetary sum that a company owes to another entity, either an individual, organization, or business

• an organization that produces or manufactures goods and materials that are then sold to other businesses to use in their own products or services to sell

• an individual or group of individuals who purchase or use goods or services solely for personal use and not for manufacturing or resale

The word interest MOST NEARLY means:

• the fee to borrow money

• an intangible item, such as skills, labor, or expertise, provided by a person or organization for sale

• business practice of hiring a party outside a company to perform services or create goods

• monetary sum that a company owes to another entity, either an individual, organization, or business

The word deficit MOST NEARLY means:

• an individual or group of individuals who purchase or use goods or services solely for personal use and not for manufacturing or resale

• occurs when an individual, organization, or business spends more money than it earns

• a group of manufacturers or business that produce a particular kind of goods and services

• the money a company earns from the sale of its products and services

The word product MOST NEARLY means:

• occurs when an individual, organization, or business earns more than it spends

• business practice of hiring a party outside a company to perform services or create goods

• occurs when an individual, organization, or business spends more money than it earns

• item offered for sale

The word revenue MOST NEARLY means:

• the money a company earns from the sale of its products and services

• a network of companies and people that are involved in the production and delivery of a product or service

• an individual or group of individuals who purchase or use goods or services solely for personal use and not for manufacturing or resale

• an organization that produces or manufactures goods and materials that are then sold to other businesses to use in their own products or services to sell

The word service MOST NEARLY means:

• an intangible item, such as skills, labor, or expertise, provided by a person or organization for sale

• occurs when an individual, organization, or business earns more than it spends

• a network of companies and people that are involved in the production and delivery of a product or service

• business practice of hiring a party outside a company to perform services or create goods

The word supply chain MOST NEARLY means:

• a network of companies and people that are involved in the production and delivery of a product or service

• business practice of hiring a party outside a company to perform services or create goods

• the fee to borrow money

• an intangible item, such as skills, labor, or expertise, provided by a person or organization for sale

The word industry MOST NEARLY means:

• a group of manufacturers or business that produce a particular kind of goods and services

• the money a company earns from the sale of its products and services

• the fee to borrow money

• business practice of hiring a party outside a company to perform services or create goods

The word supplier MOST NEARLY means:

• an organization that produces or manufactures goods and materials that are then sold to other businesses to use in their own products or services to sell

• occurs when an individual, organization, or business spends more money than it earns

• an intangible item, such as skills, labor, or expertise, provided by a person or organization for sale

• monetary sum that a company owes to another entity, either an individual, organization, or business

The word surplus MOST NEARLY means:

• occurs when an individual, organization, or business earns more than it spends

• an individual or group of individuals who purchase or use goods or services solely for personal use and not for manufacturing or resale

• an intangible item, such as skills, labor, or expertise, provided by a person or organization for sale

• monetary sum that a company owes to another entity, either an individual, organization, or business