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BE obj 2.01
Business & Society
| Question | Answer |
|---|---|
| brick and mortar | a business that operates out of a physical facility (instead online) |
| Builder | a type of producer that constructs roads, bridges, buildings, houses, etc. |
| E-tailers | Retailers who operate solely online |
| Manufacturer | A type of producer that changed the shapes or forms of materials so that they will be useful to consumer |
| Producers | the people who make or provide goods and service |
| Raw-good producer | a type of producer that provides goods in their natural state |
| Retailers | a businesses that buys consumers goods or service and sells them to the ultimate consumers |
| service business | a type of business that performs intangible activities that satisfy the needs and wans of consumers or industrial users |
| social reasonability | 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 products and retailers by buying good from producers and selling them to retailers |