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" specifically refers to an activity or entity that seeks to earn a profit by providing a good or service. The other options are not as specific to this context. An industry may refer to a group of businesses operating in a particular sector, a corporation is a type of legal structure for a business, and a service may refer to a specific type of activity or offering within a business.

An Activity Which Seeks to Earn a Profit by Providing