John's Auto Wreckers is a privately owned organization that serves its customers in order to earn a profit is called a:
A)business firm.
B)nonprofit organization.
C)community action program.
D)manufacturing agent.

Question

Quizplus · Accepted Answer

John's Auto Wreckers is described as serving its customers in order to earn a profit. This aligns with the basic definition of a business firm, which operates with the goal of generating revenue and profits. Nonprofit organizations, community action programs, and manufacturing agents all prioritize goals other than profit as their primary objective.

John's Auto Wreckers Is a Privately Owned Organization That Serves