The Three Types of Business that Operate to make a Profit.

Services Business: provides services rather than products to customers.

• Examples of services business are:
  • Auto Shops
  • Printing Centers
  • Lawyers

Merchandising Business: sell products they purchase from other business to customers.

• Example of merchandise business are:
  • Retail Stores
  • Amazon

Manufacturing Business: change basic inputs into products that are sold to customers.

• Example of merchandise business are:
  • Ford
  • Samsung
  • Nestle