Which of the Following Is an Example of a Company

question 122

Multiple Choice

Which of the following is an example of a company creating a "need" for their product?

• A) Charmin maintaining the same production in toilet paper
• B) Ford creating a new vehicle that allows you to open the tailgate with your foot
• C) Whirlpool offering a sale
• D) McDonalds selling Coke Zero

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Definitions:

Governmental Agency

An organization established by a government to administer specific legislation and carry out public policies.

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest of the shareholders or owner.

Net Income

The net income a company earns once all costs and taxes are subtracted from the total revenues.

Investments

Assets purchased with the expectation that they will generate income or appreciate in value over time.