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A Process Is What a Business Does When It Takes

question 19

True/False

A process is what a business does when it takes some raw material and converts it into a valuable output.This does not apply to service businesses.


Definitions:

Marketing Activities

Efforts and actions associated with promoting, selling, and distributing a product or service to consumers.

Common Law

is a legal system based on custom and court rulings as opposed to statutory laws.

Civil Action

A lawsuit brought by one person or entity against another for the purpose of seeking a legal remedy or damages.

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