Royalz Inc. is an automobile company that requires a lot of raw material to manufacture its cars. Royalz Inc. buys these raw materials from other companies that sell car parts as products. From which of the following does Royalz Inc. source its inputs?
A)Producers
B)Customers
C)Suppliers
D)Employees

Question

Quizplus · Accepted Answer

Suppliers are the companies from whom Royalz Inc. buys its raw materials, which are used to manufacture cars. Producers manufacture the car parts, but Royalz Inc. does not buy directly from them. Customers are the people who buy finished cars from Royalz Inc. Employees work for Royalz Inc. and are not the source of raw materials.