The goods and services that a business sells to its customers are its ______.Multiple choice question.turnoutsoutputsbenefits
Question
The goods and services that a business sells to its customers are its ______.
- Multiple choice question.
- turnouts
- outputs
- benefits
Solution
The goods and services that a business sells to its customers are its outputs.
Explanation: In the context of a business, "outputs" refer to the end products and services provided as a result of the production process. When a company transforms inputs (such as raw materials, labor, and capital) into finished goods or services, these results are categorized as outputs. Outputs are integral to a business's operations as they fulfill customer needs and generate revenue.
The other options, "turnouts" and "benefits," do not correctly describe what a business sells. "Turnouts" generally refers to the result of something or a turnout for an event, while "benefits" relates more to advantages or gains rather than the sale of goods or services. Therefore, in this context, "outputs" is the most appropriate choice.
Similar Questions
The goods and services that a business sells to its customers are its ______.Multiple choice question.turnoutsoutputsbenefits
The goods and services a business uses to produce its outputs are known as ______.Multiple choice question.inputsinsertsingredients
Multiple Choice QuestionGoods, services, and ideas all fall under the ______ element of the marketing mix.Multiple choice question.productpromotionpriceplace
A physical good, service, or idea that satisfies a want or need is called a(n) Blank______.Multiple choice question.brandproducttargetconcept
A Blank______ orientation is finding out what the consumers want and providing it for them.Multiple choice question.marketcustomersellingproduct
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.