Choosing where to buy

manufacturer a person or business that

• makes goods

• sells goods

• imports goods

• consumes goods

retailer a business that

• buys products directly from consumers

• sells products directly to consumers

• produces goods for consumers

• invents new products for consumer

Wholesaler buys

• in large quantities then usually distribute it to family

• produces products then distributed to retailer

• small quantities, then sells it to retailers.

• large quantities, then sells smaller quantities to retailers.

profit is what

• is spent by the businesses

• remains after all business expenses are added sales revenue

• remains after all business expenses are deducted from sales revenue

• remains when the business expenditure exceeds sales

Mail order is a system of shopping in which

• the consumers buys from a website

• the consumer usually buys from a magazine or catalogue

• the produce completes and posts an order form, usually from a magazine or catalogue, and receives products through the mail.

• the consumer completes and posts an order form, usually from a magazine or catalogue, and receives products through the mail.

The advantage of mail order shopping include:

• • a greater range of products is available than found in retail stores

• losing money if a business does not send the product

• products being different in reality from the way they appear in the catalogue

• experiencing problems tracing a business that uses only

  a post office box number if a refund is required.

The advantages of mail order shopping include:

• losing money if a business does not send the product
  
  

• products being different in reality from the way they

  appear in the catalogue

• experiencing problems tracing a business that uses only

  a post office box number if a refund is required.

• the convenience for consumers with a disability or those

  who live in remote communities.

The disadvantages of mail order shopping includes

• losing money if a business does not send the product and the products being different in reality from the way they

  appear in the catalogue

• a greater range of products is available than found in retail stores

• the convenience for consumers with a disability or those who live in remote communities

• none of the above

Online shopping refers to

• shopping in which the consumer completes and posts an order form

• Shopping from a convenience corner shop in a residential area

• purchasing products over the internet using a electronic device

• doing grocery shopping from a supermarket

The main advantages of online shopping are:

• a delivery charge may be added to the price and the return of a faulty product will take time and effort

• an increase in the range of sources from which you can buy and comparison shopping can be done from the comfort of your home and at a convenient time

• a website may not be permanent and tracing the owner if anything goes wrong may be impossible
  
  

• supplying credit card details can be risky unless the site is secure; that is, personal information is coded