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2.01 Business and so
Business essentials
| Term | Definition |
|---|---|
| Brick and motar | A business that operates out of a physical facility (instead of online) |
| Builders | A type of producer that constructs roads, bridges, buildings, houses, ect. |
| Manufacturer | A type of priducerthat changes the shapes or forms of materials so that they will be useful to costumers |
| Producers | The people who make or provie 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 consumer |
| Service business | A type of business performs intangible activities that satisfy the needs and wants consumers or industrial users |
| Trade industries | Businesses that buy and sell goods to others; retailers and wholesalers |
| Wholesalers | Intermediaries who help goods between producers and reailers by buying goods form producers and selling them retailers |