| A | B |
|---|
| intermediary | business that moves products between businesses or between businesses and the public |
| processors | changes raw materials into more finished products |
| cooperative | owned and operated by members for the purpose of saving money on purchases of goods and services |
| nonprofit organizations | private hospitals, schools, and museums |
| partnership | business owned by two or more persons who share the risks and responsibilities |
| services | products of a skill or activity, such as hairstyling |
| limited liability | major advantage of a corporation |
| wholesaler | a distributor |
| stock | shares of corporate ownership |
| sole proprietorship | business owned by one person |
| manufacturers | businesses that make finished products out of processed goods. |
| retailer | purchases goods from a wholesaler and resells them to the consumer, or the final buyer of the goods. |
| corporation | a business owned by many people but treated by law as one person. |
| franchise | a contractual agreement to sell a company’s products or services in a designated geographic area. |
