Which of the Following Is an Example of an Opportunity

question 11

Multiple Choice

Which of the following is an example of an opportunity that has arisen from new uses for raw materials?

• A) the invention of the heart stent
• B) an American bank providing services in China
• C) raising chicken without antibiotics
• D) using the Internet to sell a product
• E) using corn to produce ethanol

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Definitions:

T-Accounts

A bookkeeping tool that visually represents individual accounts as "T", showing debits on the left and credits on the right.

Production

The process of creating goods or services through the combination of labor, materials, and technology.

Goods Manufactured

The total quantity of products produced by a company during a specific time period.

Goods Sold

Refers to the products that a company sells to its customers, which is a critical component in calculating the revenue of the business.