BE Unit 2 2.01

All businesses should be socially responsible to whom?

• endorsers

• producers

• providers

• users

Retailing occurs wherever goods are:

• researched and designed

• created or manufactured

• traded or exchanged for other goods

• sold to consumers or the ultimate customer

Monte works for a grocery store that buys food from producers and then sells it to customers. The grocery store is an example of a:

• builder

• trade industry

• service business

• raw-goods producer

A business that buys goods or services and sells them to the ultimate consumer is a

• manufacturer.

• producer

• retailer

• wholesaler.

What do service businessess sell?

• raw goods and services

• retail goods and services

• intangible goods and services

• wholesale goods and services

A large retailer wants to contribute to the well-being of society. It donates 10% of its proceeds to a charity that helps the environment. The retailer is demonstrating:

• e-trailing

• wholesaling

• social responsibility

• voluntary merchandise

The two main divisions of the trade industry are:

• producers and retailers

• wholesalers and retailers

• wholesalers and producers

• manufacturers and wholesalers