The main difference between a service and a retail business is that service businesses:

Question

Quizplus · Accepted Answer

Service businesses primarily provide intangible services to their clients or customers, while retail businesses sell physical goods. Therefore, option A is the correct answer as it captures this essential difference between the two types of businesses. Option B may be true for some retail businesses, but it is not a defining characteristic. Option C describes the activities of a wholesaler or distributor, not a service or retail business. Option D is more applicable to manufacturing or production businesses.

The Main Difference Between a Service and a Retail Business