Any organization that produces a good or service can be classified as a business.
True or False
I say true.
Please check my work.
Are the Red Cross and YWCA classified as businesses or civic or humanitarian organizations?
Indicate your specific subject in the "School Subject" box, so those with expertise in the area will respond to the question.
Agree
To check whether your answer is correct, we need to understand the definition of a business. A business is typically an organization or entity that engages in the production, distribution, or sale of goods or services to satisfy the needs and wants of consumers.
Given this definition, we can determine whether any organization that produces a good or service can be classified as a business.
In this case, your answer is correct. Yes, any organization that produces a good or service can indeed be classified as a business.
Great job!