Asked by Eddie Pinto on Apr 24, 2024
For each of the following companies, identify whether they are a service, merchandising, or manufacturing business. A. Dillard’s B. Time Warner Cable C. General Motors D. Blockbuster E. Applebee’s F. Sony G. Best Buy H. Banana Republic I. H&R Block \begin{array} { | l | l | } \hline \text { A. } & \text { Dillard's } \\\hline \text { B. } & \text { Time Warner Cable } \\\hline \text { C. } & \text { General Motors } \\\hline \text { D. } & \text { Blockbuster } \\\hline \text { E. } & \text { Applebee's } \\\hline \text { F. } & \text { Sony } \\\hline \text { G. } & \text { Best Buy } \\\hline \text { H. } & \text { Banana Republic } \\\hline \text { I. } & \text { H\&R Block } \\\hline\end{array} A. B. C. D. E. F. G. H. I. Dillard’s Time Warner Cable General Motors Blockbuster Applebee’s Sony Best Buy Banana Republic H&R Block
Service Business
A type of business that provides intangible products, such as expertise, time, or activities, to customers rather than physical goods.
Manufacturing Business
A company engaged in the production of goods by processing raw materials into finished products.
Merchandising Business
A type of business that purchases goods for resale to customers, making profits from the markup over the cost of goods sold.
- Demonstrate an understanding of the types of businesses (service, merchandising, manufacturing) and their characteristic operations.
Learning Objectives
- Demonstrate an understanding of the types of businesses (service, merchandising, manufacturing) and their characteristic operations.