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BE 200
EC-070
| Term | Definition |
|---|---|
| Brick and mortar | a business that operates out of a physical facility9instead of online) |
| Builders | a type of producer that conducts roads, bridges, buildings, houses, etc. |
| E-tailers | retailers who operate solely online |
| Manufacturer | a type of producer that changes the shapes or forms of materials so that they will be useful to consumers |
| Producers | the people who make or provide goods and services |
| Raw-goods producer | a type of producer that provides goods in their natural state |
| Retailer | a business that buys consumer goods or services and sells them to the ultimate consumer |
| Services and business | a type of business that performs intangible activities that satisfy the needs and wants of consumers or industrial users |
| Social responsibility | the duty of business to contribute to the well-being of society |
| Trade industries | businesses that buy and sell goods to others; retailers and wholesalers |
| wholesalers | intermediaries who help move goods to others; retailers and wholesalers goods from producers and selling them to retailers |