Wilbur and Sons,Inc.is a company that mines for iron ore.The ore is purified and sold to steel manufacturing companies.Which of the following types of offering does Wilbur and Sons offer?
A)Facilitating offerings
B)Capital equipment offerings
C)Raw materials offerings
D)Maintenance,repair,and operations offerings
E)Original equipment manufacturer offerings

Question

Quizplus · Accepted Answer

Wilbur and Sons, Inc. is involved in mining iron ore, which is then purified and sold to steel manufacturing companies. This process classifies their offerings as raw materials offerings, as they provide the basic materials needed for the production of steel.