Cree markets LED (light-emitting diode)bulbs that replace the traditional incandescent bulb.A Cree LED bulb consumes 85 percent less energy and lasts for 25,000 hours.Cree is an example of
A)a cooperative.
B)an industry.
C)a nonprofit organization.
D)a business firm.
E)a government agency.

Question

Quizplus · Accepted Answer

Today's organizations can be divided into three groups,which are for-profit,nonprofit,and government agencies.Cree is a for-profit organization because it is a privately owned organization that serves its customers in order to earn a profit so that it can survive.

Cree Markets LED (Light-Emitting Diode)bulbs That Replace the Traditional Incandescent