Merchandising companies purchase goods that are ready for sale and then sell them to customers. Merchandising companies include auto dealerships, clothing stores, and supermarkets. Manufacturing companies buy materials, convert them into products, and then sell the products to other companies or to the final consumers.
There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC.
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Answer:
Merchandising companies purchase goods that are ready for sale and then sell them to customers. Merchandising companies include auto dealerships, clothing stores, and supermarkets. Manufacturing companies buy materials, convert them into products, and then sell the products to other companies or to the final consumers.
There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC.
Explanation:
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