Business

List the six types of businesses and briefly explain each of them

1-Producer 2-processor 3-manufacturer 4-intermediary 5-wholesaler(distributor) 6-Retailer

Identify what happens during the production processing and delivery stages within each type of business responsible for the manufacturing and sale of loaf and bread

A former produces wheat; a processor make flour;the manufacturer makes bread; intermediary sells it to retailer who sells to consumers

What do you think the different types of business each use the same basic function

Different types of businesses may produce different goods and services but they must still manage their resources ,market their product and make a profit😜

How the accounting and finance functions can affect a business marketing and production process

If the financial show little profit new marketing plans maybe develop and a new production procedures may be implement

What is the difference between producer and processor

Producer collect or creates row products Processor change row products into more finished product

Identify the five functions of business

Production ,procurement,marketing,management,finance and accounting

Explain how producer and processor end manufacturer are not involved in producing a service

Service does not require gathering row materials or persisting and marking them into the end product