POBF Business Connections 5.03A

A producer is someone who

• sells products

• is very creative

• makes things

• employs others

Farms, mines, and lumber companies are examples of

• builders

• manufacturers

• trade industries

• raw-goods producers

A company that transforms cotton into wearable clothing is considered a

• raw-goods producer

• manufacturer

• service business

• builder

Rembert works for a grocery store that buys food from producers and sells it to customers. The grocery store is considered a

• trade industry

• service business

• raw-goods producer

• builder

The two main divisions of the trade industry are

• producers and retailers

• manufacturers and wholesalers

• wholesalers and retailers

• wholesalers and producers

Businesses in trade industries that offer discount prices usually offer

• full services

• limited services

• plush interiors

• elaborate fixtures

Retailing takes place whenever goods are

• offered for sale

• exchanged for other goods

• sold to the ultimate consumer

• sold in a retail establishment

What do service businesses sell?

• Retail merchandise

• Raw goods

• Wholesale merchandise

• Intangible activities

A large retailer feels that it has a duty to contribute to the well-being of society, so it donates a portion of its proceeds to a charity that helps the environment. The retailer is demonstrating

• social responsibility

• wholesaling

• retailing

• e-tailing

Businesses can show their social responsibility by contributing to

• pollution

• public interests

• private causes

• promotion