TLE 6 :Buy and Sell Products Based on Needs

A plan of action to buy quality

goods for a reasonable price.

• Buying

• Goods

• Sell

• Profit

• Seller

Also called products or merchandise.

• Buying

• Goods

• Sell

• Profit

• Seller

A business deal between a

seller and a buyer

• Buying

• Goods

• Sell

• Profit

• Seller

Money earned from a sale

• Buying

• Goods

• Sell

• Profit

• Seller

One who acquires goods in

exchange for a sum of money

• Buying

• Goods

• Sell

• Profit

• Seller

Also known as vendor

• Buyer

• Manufacturer

• Wholesaler

• Right quality

• Right Price

One who converts raw materials

into finished goods or products.

• Buyer

• Manufacturer

• Wholesaler

• Right quality

• Right Price

One who buys in large quantity

from manufacturers and producers

• Buyer

• Manufacturer

• Wholesaler

• Right quality

• Right Price

The quality of a good or

product that is suited to the

purpose for it will be used.

• Buyer

• Manufacturer

• Wholesaler

• Right quality

• Right Price

Money equivalent to the quality

of the goods paid for.

• Buyer

• Manufacturer

• Wholesaler

• Right quality

• Right Price