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BE 2.00
EC- 070
| Term | Definition |
|---|---|
| brick and mortar | a buissness that operates out of a physical facillity ( insteads of online ) |
| Builders | A type of producer that constructs roads, bridges, building, houses, etc. |
| E- tailers | Retaliers 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 |
| Producer | the people who make or provide goods and services |
| Raw goods producer | a type of producer that provides good in their natural state |
| Retailer | a buissnes that buys buys consumer goods or services aand sells them to ultimate consumer |
| Service business | a type of business that preforms intangible activite 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 | Business that buy and sell goods to others; retaler and wholesalers |
| Wholesalers | Intermediaries who help move goods between producers and retailers by buying goods from producers and selling them to retailers |