BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Producers are people who make or grow goods and provide services. Sometimes they are called workers, and they help us do things.

Detailed explanation-2: -A vendor is a general term for anyone who buys and sells goods or services. A vendor purchases products and services and then sells them to another company or individual. Large retailers, like Target, rely on many different vendors to supply products, which it buys at wholesale prices and sells at higher retail prices.

Detailed explanation-3: -manufacturers. A manufacturer is a person or business that makes goods to sell. If you buy a shirt that has a “made in the USA” label, it means that the manufacturer of the shirt is in the United States.

Detailed explanation-4: -In manufacturing, a supplier sells to other businesses and supplies directly from the manufacturer or are the manufacturer themselves. With physical products, vendors typically sell to end customers and get their products from suppliers.

Detailed explanation-5: -A vendor, also known as a supplier, is an individual or company that sells goods or services to someone else in the economic production chain.