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201 key terms

Business Essentials

TermDefinition
brick and mortar a business that operates out of 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 services
raw goods producers a type of producer that provides provides goods in their natural states
retailers a business that buys goods or services and sells it to the ultimate consumer
service businesses a type of business that perform intangible activities that satisfy the needs and wants of consumers
social responsibility the duty of business to contribute to the well being of society
trade industries business
Created by: sasha.h595
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