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201 Key Term
| Term | Definition |
|---|---|
| brick and mortar | A business that operates out of a physical facility (instead of online) |
| 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 there natural state |
| Retailer | A Business that buys consumer goods or service and sells them to the ultimate consumer |
| Service business | a type of business that perform intangible activities that satisfy the needs and wants of consumers or industrial users |
| Social responsibility | the duty of businesses to contribute to the well-being of society |
| Trade industries | Businesses that buy and sell goods to others ;retailers and wholesale |
| wholesalers | intermediaries who help move goods between producers and retailers by buying goods from producers and selling them to retailers |
Created by:
hector.d
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