Question

What distinguishes a merchandising business from a service business?

Answer 1

ANSWER...

The basical criteria of entrepreneurs distinguishes a merchandising business from a service business.


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Answer 2

Explanation:

Both types of businesses need customers who pay for goods and services. However, there is a huge difference between the merchandising company and a service industry and that is the stock inventory. The merchandising company has the stock inventory that the service industry doesn’t have. The stock inventory is very important when you are setting up the accounting for your business.