Which statement best describes the difference between a manufacturing business and a service business?
A) Service businesses do not use a transformation process, while manufacturing businesses do.
B) Manufacturing businesses deal mostly with things, while service businesses deal mostly with people.
C) Manufacturing businesses do not require capital, while service businesses do.
D) Service businesses are entrepreneurial in nature, while manufacturing businesses are not.
E) Manufacturing businesses use synthetic transformation, while service businesses use analytic transformation.

Question

Quizplus · Accepted Answer

Manufacturing businesses primarily produce tangible goods through the transformation of raw materials, whereas service businesses provide intangible offerings like expertise, entertainment, or maintenance, focusing more on interactions with people.

Which Statement Best Describes the Difference Between a Manufacturing Business