Profit organisations earn profit for the business owners benefit. They supply goods and services to sell in a market where there is demand. For example, Coles and KFC. 
Non-profit organisations. 

Non-profit organisations provide social good for all members of the community. These organisations bring people together to work towards a common goal. For example, meals on wheels and The Salvation Army.

  

Land - All natural resources available for production (Soil, minerals, bodies of water, climate, atmosphere, fish)

Labour - Physical + Mental work done by people to produce goods and services

Capital - Funds to purchase goods, tools, machinery, equipment technologies, buildings, vehicles, used to help produce goods + Services

Enterprise - The ability to recognise an unsatisfied want and having the skills to combine the land, labour + capital to produce something to satisfy a want.

Advantages: Travelling by air is faster and can get you further.  

Disadvantages: Travelling by air is very costly and handled more than once. 

 
Road
Some firms have their own delivery trucks, some use an outside carrier that can be contracted to pick up goods and deliver them

Advantages: Travelling on the road is reliable. This can also be cheaper. 

Disadvantages: This form of transportation can be slower.  

 
Water
Goods can be transported by boat, barge or large ships along lakes, rivers, coastal areas and overseas

Advantages: Can ship more things. The goods can travel further.  Cheap form of transportation. 

Disadvantages: Your goods may fall over board.  This form is very slow. 

 
Rail 
Bulk wagons carry grain and coal, flat op cars carry machinery, containers that hold up goods, perishables may be transported by refrigerated containers. Rail is most appropriately for transporting goods over medium to long distances.

Advantages: Can Transport bigger loads at a faster pace. Cost efficient. 

Disadvantages: Cannot connect everyhwere

Investopedia defines supply as, “A fundamental economic concept that describes the total amount of a specific good or service that is available to consumers.” If only two Robbie dolls exist in 30 stores that sell them, the doll has a limited availability for consumers to purchase. On the other hand, if the dolls can be bought on every street corner in town, then an ample supply of dolls exist for the consumer to purchase.

Demand

Demand defines the willingness of consumers to purchase a particular good or service. If a Robbie doll came to market and only a few consumers purchased it, the doll has very little demand. But, if the doll came to market and every store had people waiting in line to buy it, the doll has high demand.
Allan Tony copyright. Not allowed unlessed refrenced. Copyright 2016.