Question

In which of the three types of business processes in the basic business model does a business interact with vendors?

a. Sales and collections
b. Acquisitions and payments
c. Conversion
d. Accounts receivable

Answer 1

In the basic business model, a business interacts with vendors in the Acquisitions and payments process.

Step-by-step explanation:

The subject of question is Humanities.

In the basic business model, a business interacts with vendors in the Acquisitions and payments process. This process involves the acquisition of goods or services from vendors and the subsequent payment to them. It includes activities such as ordering supplies or inventory, negotiating contracts with vendors, receiving goods, and making payments.