A person, company, or business that makes goods or provides services for consumers is commonly referred to as a "provider" or "supplier." These entities are responsible for producing, manufacturing, or offering products and services that meet consumer demand and fulfill specific needs or desires. Providers can range from small-scale individual artisans to large multinational corporations, and they play a crucial role in the economy by contributing to the production and distribution of goods and services to consumers.
A non-service business is a business that makes products like Coleman Sporting Goods. A service business sells services like a cleaning company sells services and not a product.
Importance Of BusinessThe importance of business is that it provides products or services to customers. These products or services in the present day world are provided by entrepreneurs who organize, manage and assume the risk of starting businesses mainly for earning profit. Business makes the best possible use of scarce resources such as men, machines and materials for the production of goods. The importance of business can be judged from the following activities undertaken by the business.1. Production of goodsThe raw material producing industries such as agriculture, mining, forestry, fishing, etc., provide raw materials for the manufacturers of consumer and producer goods. For instance, agriculture provides food such as grains! vegetables. Mines provide metals which are used in factories and firms. Coal, another product of n,ne is a very useful source of power Forestry, provides us timber 'Which is needed the construction of building, furnitures, paper, etc.Manufacturing uses the raw materials of agriculture, mining, forestry, fishing. etc., and makes a variety of consumer and capita! goods which are needed by the consumers. Without manufacturing, the business will stand idle. There would be no automobiles, no roads! no airplanes, no electric power, etc. To sum up, the Industrial occupations which are concerned with the growing, extracting and manufacturing of material goods are corner stone of business.2. Distribution aspect of businessThe distribution aspect of business is very complex. The goods which are produced should reach the consumers at the right place, right time and at right price also. Business due to seif-interest of earning profits, provides goods to the people both within and outside the country. The transport industries facilitate the movement of goods from one place to another where they are wanted. Finance, banking and insurance greaUy contribute in the financing of business. Without banks, investment and insurance companies, commerce and industry would not have developed on an extensive scale.3. Business supplies servicesServices occupy an important place in business life. Though the service organizations do not contribute directly in the production of goods but they facilitate in the production and distribution of goods to the customer& The major services which are growing in importance with each passing year are banking and finance, insurance, medical and health legal, engineering and other professionals, domestic servants, education, automobile repairs. etc., etc, the services which perform simple or difficult tasks for earning money are regarded an important part of business.4. Business has helped in raising standard of livingBusiness has helped people to earn a living either as owners of business or as employees. The mass production of standard goods! specialization, automation have increased the incomes of those who are directly or indirectly engaged in business. Higher incomes have led to the increase in the standard of living of the people. Business also pays a large share of taxes to a government5. Creation of customersThe business of today is creating markets for its customers all over the world by introducing new products, new methods of distribution such as e-corrmerce, tele shopping etc.Criticism of business.There is no doubt that modern business has raised material standard of living of the people but it has also created discontentment in the economic and social system. The main criticisms directed towards business are as under:1. Business of today has become too much profit oriented. The employees are usually exploited by the owners2. Business is guilty by polluting air and water which directly affects the health of the people.3. Human values and worker comforts are ignored by business.4. Business, due to self-interest, often ignores the welfare of the consumers and supplIes adufterated goods.5. The communication media such as television, radio magazines, newspapers. etc.. attempt to sell their goods or services by appealing to ba hurnan emotions, People due to the influence of communication media are losing sight of spiritual values. They are becoming too much materialistic minded and have lost peace of mindConclusionWe do agree that the modern business has increased the comforts of life by supply the desired quality of products but it has obligations towards nation also.Henry Ford is right in saying that, "Business is not more money chasing but it should also aim in serving the community".
ODOT, or the Ohio Department of Transportation, includes many services like: consultant services, environmental services, managed services, technical services, and transit services. The Ohio Department of Transit has several other offices that makes up the business from things like the Accounting division to things like the Information Technology division.
A business that actually makes things.
A person, company, or business that makes goods or provides services for consumers is commonly referred to as a "provider" or "supplier." These entities are responsible for producing, manufacturing, or offering products and services that meet consumer demand and fulfill specific needs or desires. Providers can range from small-scale individual artisans to large multinational corporations, and they play a crucial role in the economy by contributing to the production and distribution of goods and services to consumers.
A non-service business is a business that makes products like Coleman Sporting Goods. A service business sells services like a cleaning company sells services and not a product.
A non-service business is a business that makes products like Coleman Sporting Goods. A service business sells services like a cleaning company sells services and not a product.
Producer provides goods , worker makes goods consumer uses goods
Manufacturing
eTools provides a variety of services that provide an online resource that makes it easier for its customers to do business. These services cover supply, technology, transportation, Hr management, real estate, auctions, travel and training.
peter
Assuming you mean 'intermediate buyer', it is a buyer who makes use of goods and services with the intention of creating further goods or services for the benefit of the economy.
art is the production of goods and services,this makes it an economic activity
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
The government makes decisions about production and distribution of goods and services.
a farmer