Entrepreneurship I: Objective 4.01 Vocabulary Flashcard

Front

Intermediaries who assist in the sale and/or promotion of goods and services but do not take title to them

Back

Agents

Front

Paths, or routes, that goods or services take from the producer to the ultimate consumer or industrial user

Back

Channels of Distribution

Front

Tangible items produced for personal use

Back

Consumer Goods

Front

A channel of distribution in which goods and services move directly from the producer to the consumer or industrial user

Back

Direct Distribution

Front

Tangible objects that can be manufactured or produced for resale

Back

Goods

Front

A channel of distribution in which goods and services move from the producer to intermediaries and then to consumers or industrial users

Back

Indirect Distribution

Front

A channel member that buys industrial goods and sells them to industrial users

Back

Industrial Distributor

Front

Tangible items that will be consumed by industrial users

Back

Industrial Goods

Front

A business that buys materials, services, or goods that will be used to make other goods or used in the operation of the company

Back

Industrial User

Front

Channel members operating between the producer and the consumer or industrial user to help in the movement of goods and services

Back

Intermediaries