There Are Three Major Types of Business Activities

question 160

Short Answer

There are three major types of business activities. ________ activities involve using resources to research, develop, purchase, produce, distribute, and market products and services and receiving amounts from selling products and services.

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Definitions:

Personal Leave

Approved time off from work for personal reasons, not covered by other specific leave categories like sick or vacation leave.

Paid

The state of receiving money or compensation for services rendered or as an entitlement such as salary, wages, or benefits.

Concierge Services

Services provided to assist individuals in personal tasks, arrangements, or inquiries, often found in hotels, corporate settings, or luxury environments.

Employee Benefit

Non-wage compensations provided to employees in addition to their salaries, such as health insurance, retirement plans, and paid time off.