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2.01
| Term | Definition |
|---|---|
| brick and mortar | a business that operates out of a physical facility |
| builders | a type of producer that constructs 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 service |
| raw-goods producer | a type of producer that provides goods in their natural state |
| retailer | a business that buys consumers goods or services and sells them to the ultimate consumers |
| service 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 | business that buy and sell goods to others retailers and wholesalers |
| wholesalers | intermediaries who help move goods between producers and retailers by buying good from producers |
Created by:
Alzyion.s506
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