THE ROARING 20S 1920 1929
1920S AMERICAN CULTURE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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charitable institution
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private industry
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Commercial industry
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None of the answers are correct
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Detailed explanation-1: -Commercial business is an activity conducted by companies to provide goods or services for sale. Commercial business includes the activity done outside of manufacturing or producing the products. Commercial business can also include the use of land or business for business activity, such as retail stores.
Detailed explanation-2: -What are some examples of commercial enterprises? Commercial enterprises include, but are not confined to, the following: (a) food and beverage services; (b) car rental to Airport guests, visitors, FBO operators, and other Airport users; and (c) retail sale of apparel and other personal products.
Detailed explanation-3: -If a company has more revenue than costs at the end of the year, it is profitable. A profitable business is a successful for-profit organization. A company whose revenue is smaller than its costs is making a loss.
Detailed explanation-4: -Most business entities are considered to be for-profit organizations. Examples of for-profit organizations are airlines, construction companies, freight hauling companies, manufacturers, publishing companies, restaurants, retail stores, and shipping companies.