Cree markets LED (light-emitting diode) bulbs that replace the traditional incandescent bulb. Cree's bulb is more energy efficient and lasts much longer than traditional incandescent bulbs, and thus is more environmentally friendly. Cree is an example of
A)a cooperative.
B)an industry.
C)a nonprofit organization.
D)a business firm.
E)a government agency.

Question

Quizplus · Accepted Answer

Cree is a business firm that produces and markets LED bulbs, indicating that it operates in the for-profit sector of the economy.

Cree Markets LED (Light-Emitting Diode) Bulbs That Replace the Traditional