Differentiate a manufacturing and a merchandising business

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Question: 1. Both KIA and Porsche produce and sell automobiles. Describe and contrast the business emphasis of KIA and Porsche.

2. What is the difference between a manufacturing business and a merchandising business? Give an example of each type of business.

3. What is the difference between a manufacturing business and a service business? Is a restaurant a manufacturing business, a service business, or both?

4. Why are most large companies like Microsoft, Pepsi, Caterpillar, and AutoZone organized as corporations?

Reference no: EM131526164

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