BE 2.01 Vocab

Front

A business operating from a physical location.

Back

Brick and mortar

Front

Type of producer that constructs roads, bridges, buildings, etc.

Back

Builders

Front

People who use goods and services to satisfy wants

Back

Consumers

Front

Retailers operating solely online

Back

E-tailers

Front

Producer that alters materials for consumer use

Back

Manufacturer

Front

People who provide goods and services

Back

Producers

Front

Type of producer providing goods in natural state

Back

Raw-goods producer

Front

A business that buys consumer goods/services and sells to the ultimate consumer.

Back

Retailer

Front

A business that performs intangible activities to satisfy consumer or industrial needs.

Back

Service business

Front

Duty of business to contribute to society

Back

Social responsibility