Types of Business according to activities

It is an organization or economic system where goods and services are exchanged for one another or for money .

• Business

• Service Business

• Merchandising Business

• Manufacturing Business

They are known as "buy and sell" or "reseller" businesses. They make profit by selling their goods at prices higher than their purchase costs.

• Service Business

• Merchandising Business

• Manufacturing Business

• Sole Proprietorship

A grocery store is an example of which type of business activity?

• Manufacturing

• Service

• Merchandising

• None of the above

It buys products with the intention of using them as raw materials to make a new product.

• Manufacturing Business

• Service Business

• Merchandising Business

• Partnership

Spa is an example of which type of business activity?

• Merchandising

• Manufacturing

• Service

• All of the above