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2.01 EC-070

TermDefinition
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-taliers Retailers who operate solely online .
Manufacture A type of producer that changes the shapes or forms of material so that they will be 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 consumers good or services and sells them to the ultimate consumers
Service business A 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 goods from producers and selling them to retailers
Created by: madisyn.m837
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