Answered step by step
Verified Expert Solution
Question
1 Approved Answer
MATCHING Instructions: Match each of the statements below with its proper term. Some terms may not be used. 1. An organization in which basic resources
MATCHING Instructions: Match each of the statements below with its proper term. Some terms may not be used. 1. An organization in which basic resources (inputs), such as materials and labor, are assembled and processed to provide goods or services (outputs) to customers. 2. A type of business that changes basic inputs into products that are sold to individual customers. 3. A type of business that purchases products from other businesses and sells them to customers. 4. A business owned by one individual. 5. A business owned by two or more individuals. 6. A business organized under state or federal statutes as a separate legal entity. 7. A business that combines attributes of a partnership and a corporation. 8. An information system that provides reports to stakeholders about the economic activities and condition of a business. 9. Moral principles that guide the conduct of individuals
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started