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.