Chapter 2 - An Introduction to Cost Terms and Purposes - Assignment Material - Exercises - Page 59: 2-28(1)

Manufacturing-sector companies like Maytag produce physical goods through a series of processes, often involving raw materials and assembly. Merchandising-sector companies like Star Market sell goods that they purchase from suppliers, and service-sector companies like Yahoo! provide services rather than physical products.

Manufacturing-sector companies like Maytag produce physical goods through a series of processes, often involving raw materials and assembly. Merchandising-sector companies like Star Market sell goods that they purchase from suppliers, and service-sector companies like Yahoo! provide services rather than physical products.