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Match the words in column A with its meaning in column B. Write the letter of the
correct answer before the number
3
1. Product
2. service
3. buyer
4. demand
5. business
6. seller
7. goods
8. entrepreneur
9. establishment
A person who starts a business and is willing to
risk loss in order to make money.
b. This person
manages the store
business establishment and offers goods,
products, or services to those who need it.
It is the person who buys goods or services from
the seller
d. It is something that is manufactured following a
process, or grown and nurtured in order to be
sold for a profit.
e. It is a facility supplying a public or market
demand.
f. Something you can buy and take home to use
B A financial gain, especially the difference between
the amount earned and the amount spent in
buying, operating, or producing something
h. It is defined as an organization or enterprising
entity engaged in commercial, industrial, or
professional activities.
A consumer's desire to purchase goods and
services and willingness to pay a price for a
specific good or service.
The activity of making, buying, or selling goods or
providing services in exchange for money.
10. profit
