click below
click below
Normal Size Small Size show me how
201
glossary
Term | Definition |
---|---|
Brick and mortar | a business that operates out of physical facility |
Builders | a type of producer that constructs road bridges building houses etc. |
e tailors | retailers who operate solely online |
manufacture | a type of producer that changes the shape or forms of materials so that they will be useful to consumers |
producers | the people who make or provide goods and service |
raw goods producers | a type of producer that provides goods in there natural state |
retailer | a business that buys consumer goods or service and sells to the ultimate customer |
service business | a type of business that performs untangle actives that satiny the needs and wants of ultimate customer |
social responsibility | the duty of business to contribute to the well bring of society |
trade industries | business that buys and sell goods to theirs retailers and wholesalers |
wholesalers | intermediaries who help move goods between producer and retailers by buying goods form producers and selling the retailers |