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201
glossary
| Term | Definition |
|---|---|
| Brick and mortar | a business that operates out of physical facility |
| Builders | a type of producer that constructs road bridges building houses etc. |
| e tailors | retailers who operate solely online |
| manufacture | a type of producer that changes the shape or forms of materials so that they will be useful to consumers |
| producers | the people who make or provide goods and service |
| raw goods producers | a type of producer that provides goods in there natural state |
| retailer | a business that buys consumer goods or service and sells to the ultimate customer |
| service business | a type of business that performs untangle actives that satiny the needs and wants of ultimate customer |
| social responsibility | the duty of business to contribute to the well bring of society |
| trade industries | business that buys and sell goods to theirs retailers and wholesalers |
| wholesalers | intermediaries who help move goods between producer and retailers by buying goods form producers and selling the retailers |
Created by:
jose.m622
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