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Exploring Business Forms: Understanding Channels of Distribution and Their Impact

This guide focuses on four essential types of business forms: Extractors, Manufacturers, Marketers, and Service Businesses. It discusses how products and services travel from producers to consumers through direct and indirect channels of distribution. Students will examine the impact of small businesses on the economy and will be tasked with comparing a chosen country to the U.S. in terms of investment potential. The activity includes sending a report via email, enhancing college and career readiness through practical business scenarios.

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Exploring Business Forms: Understanding Channels of Distribution and Their Impact

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  1. Agenda • Review Test Scores/Questions • Small Business Impact-SBA.gov • www.Tradingeconomics.com • Entrepreneurship • 4-Business Forms • Forms Activity

  2. www.Tradingeconomics.com • Pick a Country • Make 3 comparisons to the US • Send an E-mail to Mr. Fassl or Mr. Krey, comparing your country to US. • Would you invest there?

  3. Business Forms & Activities Exploring Business: Unit 2, Part 1 Students will:- Define 4 types of business forms- Describe the channels of distribution

  4. College and Career Readiness Standards • Reading • Understand relationships between people, ideas, and so on in uncomplicated passages • Writing • Add a sentence to accomplish a fairly straightforward purpose such as illustrating a given statement • Mathematics • Solve routine one-step arithmetic problems

  5. I. 4 Business Forms • A. Extractors • A business that grows products or takes raw materials from nature. • Farmers, Miners, Fisherman, Growers

  6. I. 4 Business Forms • B. Manufacturers • Takes the extractor’s products or raw materials and changes them into a form that consumers can use.

  7. I. 4 Business Forms • C. Marketers • Moving goods from producers to consumers. • Includes: • Transporting • Selling • Developing • Testing • Packaging and Presentation

  8. I. 4 Business Forms • D. Service Business • A business firm that does things for you instead of making or marketing products. • Hair Stylists, Accountants, Waiters, Babysitting

  9. II. Getting Products and Services to Consumers • A. Channel of Distribution: the path that a product travels from the producer to consumer.

  10. II. Getting Products and Services to Consumers • B. Direct Channel of Distribution: when the product goes directly from the producer to the consumer.

  11. II. Getting Products and Services to Consumers • C. Indirect Channel of Distribution: when the product travels through middle firm(s) before reaching the consumer.

  12. II. Getting Products and Services to Consumers • 1. Retailer: a business firm that sells products directly to the consumer.

  13. II. Getting Products and Services to Consumers • 2. Wholesaler: a business firm that buys products in large quantities from producers, sorts and utilizes them and then sells them in smaller quantities to retailers or consumers.

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