(Solved by Humans)-Your Turn 1-1 1. The main purpose of a business is to make a profit , increasing the value of the...

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Question

Your Turn 1-1 1. The main purpose of a business is to make a profit, increasing  the value of the com­  pany  for the owners. 2.    The four general types of businesses   are: a.    Service company: provides a service-it does something for its customers rather than selling them a tangible product. b.    Merchandising company: buys goods, adds value to them, and then sells them with the added  value. c.    ufacturing company: makes products and sells them to other companies and sometimes  to the final consumers. d.    Financial services company: provides services related to money-insurance, banking , etc.

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