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BE obj 2.01
Business & Society
| Term | Definition |
|---|---|
| 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 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 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 consumers. |
| Service business: | A type of 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: | Businesses that buy and sells 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. |
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user-1964957
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