5 types Businesses
5 types Businesses
E-commerce/E-business
buying and selling of goods via the internet (electronic network), it can also be an transmitter of funds or data.
examples: Ebay
Example: Amazon
Manufacturing Business
makes a profit by building products from raw materials that are sold to distributors ans consumers.
Example #1: Vehicles
Example #2: Baked goods
SERVICE BUSINESS
makes a profit by doings tasks for other businesses or consumers
Example #1: banking
Example #2: education
Non - Profit Organizations
does not make any profit, their goal/purpose is to meet the needs of the community.
Example: United Nations
Save the Children
Merchandising (Retail) Business
makes profit by selling goods, buys the goods they sell from other producers. and sell the goods to consumers. Also known as distributors.
Example: Walmart
Example: EB Games
