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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 or form of materials so that they would be useful to consumers
Producers The people who make or provide goods
Raw Goods Producer a type of producer who 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 activities that satisfy the needs and wants of consumers or industrial users
Social Responsibility the duty of business that contribute to the well being of society
Trade industries Businesses that buy and sell goods to other; 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: user-2014714
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