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Questions and Answers
Which type of business purchases goods to sell to its customers?
Which type of business purchases goods to sell to its customers?
- Merchandising business (correct)
- Service business
- Retail business
- Manufacturing business
Why do many merchandising businesses organize as corporations?
Why do many merchandising businesses organize as corporations?
- To have access to customers
- To have access to technology
- To have access to resources
- To have access to capital (correct)
How does a corporation raise capital?
How does a corporation raise capital?
- By selling goods to customers
- By borrowing money from customers
- By selling its capital stock to investors (correct)
- By borrowing goods from suppliers
Which type of business organizes as a corporation in order to have access to capital?
Which type of business organizes as a corporation in order to have access to capital?
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How does a corporation raise capital?
How does a corporation raise capital?
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Why do merchandising businesses organize as corporations?
Why do merchandising businesses organize as corporations?
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