A Form of Business That Transforms Resources into an Intangible

question 63

Multiple Choice

A form of business that transforms resources into an intangible output and creates time or place utility for its customers is called a(n)

• A) manufacturing organization.
• B) biotechnology firm.
• C) information technology firm.
• D) service organization.
• E) hybrid organization.

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Definitions:

Consecutive Tails

A term referring to the occurrence of the tails side of a coin showing up multiple times in a row during coin tosses.

Defect

A flaw or fault in something that reduces its quality, effectiveness, or performance.

Soviet Navy

The maritime arm of the Soviet military forces, responsible for naval warfare and protecting the USSR's interests at sea during its existence.

Adversaries

Opponents or competitors, often in conflicts, competitions, or legal disputes.