_____ firms transform raw materials, purchased parts, and components into finished products in their factories.

Question

Quizplus · Accepted Answer

Manufacturing firms are the ones that transform raw materials, purchased parts, and components into finished products in their factories. Merchandising firms, on the other hand, typically purchase finished products to resell to customers. Consulting firms provide advice and expertise to businesses, staffing firms provide recruitment services, and health care firms provide medical services.

_____ Firms Transform Raw Materials, Purchased Parts, and Components into Finished