Question

LO 2.1Which of the following is the primary source of revenue for a service business?

the production of products from raw materials
the purchase and resale of finished products
providing intangible goods and services
the sale of raw materials to manufacturing firms

Answer 1

providing intangible goods and services

Step-by-step explanation:

A service business is an organisation that provides services.

Examples of service businesses are airlines, insurance companies, and hospitals.

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