A Set of Business Activities That Add Value to Products

question 64

Multiple Choice

A set of business activities that add value to products and services sold to consumers for their personal use is called:

• A)licensing.
• B)manufacturing.
• C)franchising.
• D)retailing.
• E)reselling.

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Definitions:

Child-Care Arrangements

Describes the various setups or systems in place for the care of children when primary caregivers are unavailable, including daycare centers, home care, and others.

United States

A country located primarily in North America, comprised of 50 states, a federal district, and other territories.

Serum

Plasma minus fibrinogen and other clotting agents.

Plasma

The liquid component of blood that carries cells and proteins throughout the body, consisting mostly of water, electrolytes, and proteins.