QUESTION IMAGE
Question
a grocery store is an example of a:
- a) processor
- b) producer
- c) service firm
- d) retailer
philanthropists support non - profits primarily by:
- a) reselling goods
- b) operating farms
- c) donating money
First Sub - Question (A grocery store is an example of a:)
Brief Explanations
A processor transforms raw materials, a producer creates goods, a service firm provides services, while a retailer sells goods directly to consumers. A grocery store sells food and other items to customers, so it's a retailer.
Brief Explanations
Reselling goods is for retailers, operating farms is for agricultural producers. Philanthropists are known for giving financial support, so they support non - profits mainly by donating money.
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- D) Retailer