Which one of the following is NOT a means by which businesses can be classified?
A) Size
B) Profit motive
C) Profit margin
D) Sector

Name: Which one of the following is NOT a means by which businesses can be classified? A) Size B) Profit motive C) Profit margin D) Sector
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Question

Quizplus · Accepted Answer

Businesses can be classified based on size, profit motive, and sector. Profit margin cannot be used as a means of classification as it refers to the percentage of profit made on a sale and not the overall nature of the business.

Which One of the Following Is NOT a Means by Which