According to the textbook, in order for an organization to be called a business it must:

Name: According to the textbook, in order for an organization to be called a business it must:
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The textbook states that for an organization to be considered a business, it must exchange a product or service with a customer. Making money or being a corporation are not defining factors of a business, while providing a service is typically considered a type of product exchange.

According to the Textbook, in Order for an Organization to Be