An Organization That Provides Goods or Services to People but Is

question 208

True/False

An organization that provides goods or services to people but is not motivated to make money doing it is called a business.

Understand Holland's theory of career and personality types and its application to self-assessment and career exploration.

Identify the main subdivisions of the geologic timescale and their chronological order.

Understand methods for determining the density of earth materials.

Differentiate between qualitative and quantitative data in geology.

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Definitions:

B2C

Business-to-Consumer, a commercial transaction model where businesses sell products or services directly to the end-users or consumers.

C2B

Consumer-to-Business, a business model where consumers create value or products that businesses purchase.

B2B

Business-to-Business, a model that involves transactions between two firms rather than between a firm and individual consumers.

Ordering Cost

The expenses incurred in placing and receiving orders for materials or products, including paperwork, communication, and transportation costs.