1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hunter-Best [27]
3 years ago
8

Which of the following is an example of a raw goods producer?

Business
1 answer:
valkas [14]3 years ago
6 0

Answer:

C, a lumber company

Explanation:

The definition of a raw goods producer is a type of producer whose job is to provide raw goods, which are goods in their natural state.  A raw goods producer cannot provide services but only basic commodities (actual items).

Raw goods are usually  basic goods collected or retrieved from nature (the good is not changed or manipulated) and used in the production of manufactured goods.

Basically, think of raw goods as the ingredients in a cooking recipe. A cook does not make or produce the ingredients, the cook simply collects the ingredients from farm who collects the ingredients from nature (raw goods provider). Manufactured goods are what the cook produces out of the cooking ingredients(raw goods).

Out of all the answer choices, the only company which provides raw goods is a lumber company; they simply collect wood, which can be found naturally (without producing it in a factory / man-made) and sell it to producers.

A is wrong, since people use raw goods when MAKING sushi. Since sushi is being produced, it is a manufactured product.

B is wrong, since a comedy club provides services not the selling of real goods.

D may sound right, however many items in grocery stores are produced by factories. In order to be a raw goods producer, the company must specialize and serve only raw goods. Grocery stores have manufactured goods such as ice cream, shampoo, cereal, etc.

You might be interested in
A bank has excess reserves of $1,000,000 and makes a new loan for $500,000. If the bank faces a 10% required reserve ratio, by h
lianna [129]

Answer:

Money supply increase=500000/10%=5000000

Explanation:

3 0
3 years ago
After identifying and performing the preliminary classification of an organization’s information assets, the analysis phase move
xxTIMURxx [149]

Answer:

threats

Explanation:

Based on the information provided can be said that the analysis phase moves on to an examination of the threats facing the organization. This is the process of focusing on the individuals or organizations that may cause problems for the organization in the future, in order to design a plan on how to tackle those situations.

5 0
3 years ago
2. Now, find out what type of business it actually is. If you chose a small business, it is likely to be a sole proprietorship o
inessss [21]
Аоуздсьалкшмвжужсьмлмадщалаалаллвлвшашаклклкл :) шазлвовшуьыла лвждуыон вол о о лашащущвщудулшвлсшылылышыйьйвашшша
8 0
3 years ago
A 2-year bond with par value $1,000 making annual coupon payments of $106 is priced at $1,000. a. What is the yield to maturity
shutvik [7]

Answer:

Explanation:

Face value = 1000

market price = 1000

annual yield = 106

yield to maturity = (106/1000) x 100

= 10.6 % .

8 0
3 years ago
Abc company is hesitant about entering ukraine, because the country has been experiencing social unrest in recent years. Based o
AysviL [449]

The answer is<u> "political risk".</u>


Political risk is among the most critical hazard factors confronting international investors. In many rising and frontier markets, the political circumstance is altogether less steady than the United States with the potential for across the board extortion and defilement.  

Political risks  are those related with changes that jump out at a nation's approaches administering organizations, and additionally outside elements that could influence organizations.

7 0
3 years ago
Other questions:
  • Economics is the study of how evenly goods and services are distributed
    9·1 answer
  • Help please! and thank you &lt;3
    6·2 answers
  • As a prerequisite to an agent’s use of an income and expense data worksheet, the agent should ask a prospective broker: a) the p
    14·1 answer
  • Government survey takers determine that typical family expenditures each month in the year designated as the base year are as fo
    14·1 answer
  • A price imposed by the government below an equilibrium price is called a ____
    15·1 answer
  • 1. What is the Law of Demand?
    7·1 answer
  • Buff is considering a new packaging machine. The initial cost is $10,000 and we would save $4,000 per year in labor costs. If ou
    7·1 answer
  • In the _____________ stage of a project you are more likely to find status reports, changes, and the creation of forecasts.
    12·1 answer
  • What is the net present value of a project with the following cash flows if the required rate of return is 9 percent? (round ans
    14·1 answer
  • 1.
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!