A company that uses labor,equipment,supplies,and facilities to convert raw materials into finished products is a ________.
A) merchandising company
B) manufacturing company
C) service company
D) trading company

Question

Quizplus · Accepted Answer

A manufacturing company uses the resources mentioned in the question to produce finished goods from raw materials, while a merchandising company buys and sells finished goods, a service company provides intangible services, and a trading company engages in buying and selling of goods without converting them.

A Company That Uses Labor,equipment,supplies,and Facilities to Convert Raw Materials