Terms 1. Trade industries 2. . Producer 3. Raw-goods producer 4. Service business 5. Production 6. Social responsibility 7. Manufacturer 8. Builder 9. Retailer 10. Voluntary chain 11. . Profit 12. _Wholesaler 13. Chain stores 14. Maximizing profits Definitions a. The duty of business to contribute to the well-being of society b. A business that buys goods from producers and sells them to retailers c. Businesses that have a central management that determines policies, advertising, and pricing for all stores d. Monetary reward a business owner receives for taking the risk of investing in a business e. Businesses that buy and sell goods to others f.The process or activity of producing goods and services g. A business that buys consumer goods and sells them to ultimate consumers h. A relationship formed by a number of independent business owners who join together to buy merchandise to get the discount prices available to chain stores i.A grower, provider, or manufacturer of goods and services j.A type of business that performs intangible activities that satisfy the needs and wants of consumers and industrial users k. A type of producer that changes the shape or form of materials so that they will be useful to consumers 1.A type of producer that constructs roads, bridges, buildings, and houses m. A type of producer that provides goods in their natural states n. A type of social responsibility described as "minding the store"

Question

Terms 1. Trade industries 2. . Producer 3. Raw-goods producer 4. Service business 5. Production 6. Social responsibility 7. Manufacturer 8. Builder 9. Retailer 10. Voluntary chain 11. . Profit 12. _Wholesaler 13. Chain stores 14. Maximizing profits Definitions a. The duty of business to contribute to the well-being of society b. A business that buys goods from producers and sells them to retailers c. Businesses that have a central management that determines policies, advertising, and pricing for all stores d. Monetary reward a business owner receives for taking the risk of investing in a business e. Businesses that buy and sell goods to others f.The process or activity of producing goods and services g. A business that buys consumer goods and sells them to ultimate consumers h. A relationship formed by a number of independent business owners who join together to buy merchandise to get the discount prices available to chain stores i.A grower, provider, or manufacturer of goods and services j.A type of business that performs intangible activities that satisfy the needs and wants of consumers and industrial users k. A type of producer that changes the shape or form of materials so that they will be useful to consumers 1.A type of producer that constructs roads, bridges, buildings, and houses m. A type of producer that provides goods in their natural states n. A type of social responsibility described as "minding the store"

Answer 1

1. e2. i3. m4. j5. f6. a7. k8. l9. g10. h11. d12. b13. c14. n

Answer 2

1. Trade industries: e. Businesses that buy and sell goods to others2. Producer: i. A grower, provider, or manufacturer of goods and services3. Raw-goods producer: m. A type of producer that provides goods in their natural states4. Service business: j. A type of business that performs intangible activities that satisfy the needs and wants of consumers and industrial users5. Production: f. The process or activity of producing goods and services6. Social responsibility: a. The duty of business to contribute to the well-being of society7. Manufacturer: k. A type of producer that changes the shape or form of materials so that they will be useful to consumers8. Builder: l. A type of producer that constructs roads, bridges, buildings, and houses9. Retailer: g. A business that buys consumer goods and sells them to ultimate consumers10. Voluntary chain: h. A relationship formed by a number of independent business owners who join together to buy merchandise to get the discount prices available to chain stores11. Profit: d. Monetary reward a business owner receives for taking the risk of investing in a business12. Wholesaler: b. A business that buys goods from producers and sells them to retailers13. Chain stores: c. Businesses that have a central management that determines policies, advertising, and pricing for all stores14. Maximizing profits: n. A type of social responsibility described as "minding the store"

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