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BE obj 2.01
| 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 |
| Manuacturer | 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 good 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 activities that satisfy that needs and wants of consumers or industrial users |
| social reponsibility | the duty o business to contribute to the well-being of society |
| trade industries | businesses that buy and sell goods to other retailers and wholesalers |
| Wholeesalers | intermediaries who help move goods betwwen producer and retailers by buying goods frrom producers and selling them to retailers |