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BE obj 2.01

Business & Society

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-tailers Retailers who operate solely online
Manufacturer A type of producer that changes the shape of forms of materials so that they will be useful to costumers
Producer The people who make or provide goods an services
Raw-goods producer A type of producer that provides goods in their natural state
Retailer A business that buys consumer goods or services and sells them to the ultimate consumer
Service Business A type of business that performs intangible activates that satisfy the needs and wants of consumer or industrial users
Social Responsibility The duty of business to contribute to the well-being of society
Trade industries Businesses 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: Jackie_Devone
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