Who are the businesses and individuals that provide goods and services to an organization?

Study for the FBLA Introduction To Event Planning Test. Get ready for your exam with flashcards and multiple choice questions. Each question includes hints and explanations to help you succeed!

The term that accurately describes the businesses and individuals providing goods and services to an organization is "vendors." Vendors are typically external parties that supply products or services necessary for the operation of a business. They can include a wide range of suppliers, such as manufacturers, wholesalers, and distributors, who play a crucial role in ensuring that an organization has the necessary resources to function effectively.

Vendors can supply anything from raw materials for production to office supplies and specialized services such as catering or event planning. Their role is essential because they help organizations meet their operational needs without having to produce every item or service in-house.

In contrast, contractors are generally engaged for specific projects or tasks and may not provide ongoing goods or services. Employees are internal staff who perform jobs within the organization, and consultants are usually external experts brought in for advice on specific matters rather than for goods or services. Understanding these distinctions helps clarify why vendors are the appropriate choice in this context.

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