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Are the following examples of a service, manufacturing, or merchandising business?

1) Store selling school supplies
2) Lawyer providing legal advice
3) Car factory

1 Answer

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Final answer:

A store selling school supplies is a merchandising business, a lawyer providing legal advice is a service business, and a car factory is a manufacturing business.

Step-by-step explanation:

The student is asking whether the provided examples fall under the categories of service, manufacturing, or merchandising businesses. Here are the categorizations:

  1. A store selling school supplies is an example of a merchandising business, because it purchases goods in bulk from manufacturers or wholesalers and sells them in smaller quantities to the end-users.
  2. A lawyer providing legal advice would be considered a service business, as the lawyer is offering professional expertise and advice rather than tangible goods.
  3. A car factory where vehicles are produced is an example of a manufacturing business, as it is involved in the production of goods using labor, machinery, and tools to convert raw materials into finished products.
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