Quizlet link to Ch 5 terms

Ch 5 Terms on Quizlet

1.  Business is all the activities involved in producing and marketing goods and services.
2. The two primary functions of business are the production and the marketing of goods and services.
3. Business can be categorized 
1. by size
2. by profit orientation
3. by market served
4. by kind of product provided
4. E-commerce is important because it is an easy way to purchase things and it is used everyday.