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BE 2.01
| Term | Definition |
|---|---|
| producers | people who make or provide goods and services |
| trade industries | businesses that buy and sell goods for others |
| retailer | sell to ultimate consumers |
| wholesalers | sale to other businesses |
| e-tailers | retailers that operate exclusively |
| service boundaries | intangible that satisfy the needs and wants of consumers |
| social responsibility | duty to contribute to the well being of society |
| brick and morter | businesses that operate conventionally or in a building |
| builders | a person or thing that creates or develops a particular thing |
| manufactures | a person or a company that makes goods for sale |
| raw good producers | provide good in natural state raw |
| consumer | person who purchases goods and services |