An activity which seeks to earn a profit by providing a good or service is known as a(n):
A)industry.
B) corporation.
C)business.
D)service.

Question

Quizplus · Accepted Answer

The term "business" refers to any activity conducted with the goal of earning a profit by providing a good or service. An industry is a group of businesses involved in the same type of activity, while a corporation is a legal entity formed to conduct business. A service is a type of good provided to customers, but it does not encompass all businesses that provide goods or services.

An Activity Which Seeks to Earn a Profit by Providing