Business and Retailing #1

The sale of goods or services directly to the final or ultimate consumer.

• Retail

• Clearance

• Fire Sale

• Partnership

An example of a durable product.

• Pizza

• Skateboard

• Soda

• Sardines

A business owned by two or more persons.

• Dynamic Duo

• Pair

• Partnership

• Peas in a Pod

An example of a nondurable product.

• Desk

• Big Mac

• Chair

• Scooter

The investment of money in businesses.

• Money Laundering

• Capital

• Lottery

• Dream State

A business owned by one person who is legally responsible.

• Partnership

• Han Solo

• Wealth Creation

• Sole Proprietorship

A powerful type of business that represents current trends that is very dependent upon consumer acceptance.

• Publicity

• Fashion Retailing

• Sports Entertainment

• Gold Mining

A service industry that has been developed in response to the increase in travel.

• Bixi

• Travel and Tourism

• Uber

• Sunwing

Services offered by businesses to help customers manage their money.

• Ride Sharing

• Safety Deposit Boxes

• High Interest Savings Accounts

• Financial Services

The last person in the retailing chain.

• Ultimate Consumer

• Mark Hamill

• Ultimate Warrior

• Chewbacca