Question

what type of entrepreneurial business actually produces the products the sell?
a.manufacturing
b.wholesaling
c.retailing
d.consumer​

Answer 1

Explanation:

a) manufacturing....

Answer 2

Manufacturing type of entrepreneurial business actually produces the products the sell.

• Manufacturing refers to a large-scale production of goods that converts raw materials, parts, and components into finished merchandise using manual labor and/or machines. The finished goods can be sold directly to consumers, to other manufacturers for the production of more complex products, or to wholesalers who distribute the goods to retailers.
• Wholesaling is the act of buying goods in bulk from a manufacturer at a discounted price and selling to a retailer for a higher price, for them to repackage and in turn resell in smaller quantities at an even higher price to consumers
• Retailing is defined as a set of activities or steps used to sell a product or a service to consumers for their personal or family use. It is responsible for matching individual demands of the consumer with supplies of all the manufacturers
• Consumers are defined as individuals or businesses that consume or use goods and services. Customers are the purchasers within the economy that buy goods and services, and they can exist as consumers or alone as customers.

Hence , option (A) Manufacturing is correct option.

Project code #SPJ2