Examlex
On the line in front of each statement, enter the letter corresponding to the term that best fits that statement. You may use a letter more than once and some letters may not be used at all.
________ has a single category of inventory
________ resells products previously purchased ready-made from a supplier
________ does not sell inventory as a way to earn profit
________ produces its own inventory
________ transforms raw materials into a new finished product
________ completed goods that have not been sold
________ partially completed items of manufacturers
________ steel, glass, tires, upholstery, and fabric that Toyota uses to manufacture products
Physical Products
Tangible items that can be bought, sold, and used by consumers, differing from services or digital products.
Media Economy
A subset of the economy concerned with the production, distribution, and consumption of media goods and services.
News Outlets
Organizations that gather, report, and distribute news to the public via various mediums like newspapers, television, and the internet.
Advertisers
Companies or individuals who pay to promote their products, services, or ideas through various media channels.
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