Mun business 1000 mid t - Study guides, Class notes & Summaries

MUN Business 1000- Mid Term 1 UPDATED Actual Exam Questions and CORRECT Answers Business - CORRECT ANSWER- an organization that seeks to earn profits by providing goods and services Profit - CORRECT ANSWER- what remains (if anything) after a businesses expenses are subtracted from its sales revenue Not-For-Profit Organization - CORRECT ANSWER- an organization that provides goods and services to customers, but does not seek to make a profit hile doing so