Pride of Peers Is a Bakery Chain That Specializes in Preparing

question 149

Multiple Choice

Pride of Peers is a bakery chain that specializes in preparing homemade confectionaries. The company donates most of its earnings to rehabilitation centers for war victims and keeps just enough to buy raw materials. The primary goal of the company is to contribute to the rehabilitation of war victims. In this scenario, Pride of Peers would most likely be classified as a _____.

• A) political organization
• B) paper organization
• C) nonprofit organization
• D) corporation

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Definitions:

Absolute Advantage

The ability of an individual, company, or country to produce a good or service more efficiently than competitors with the same resources.

Production

Any good or service for which people are willing to pay.

Kegs

Large barrels used to store and serve beer or other liquids, often used in the context of breweries or social gatherings.

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors.