The correct answer is c. Cooperative.

A cooperative is a type of business that is owned and operated by its members. The members of the cooperative are also its customers. Therefore, a cooperative caters to its owners because the owners are the ones who use the cooperative's services or buy its products.

Here is a step-by-step explanation:

1. A corporation is owned by shareholders, who may or may not use the corporation's products or services. Therefore, a corporation does not necessarily cater to its owners.

2. A partnership is owned by two or more people, who share the profits of the business. While the partners may use the business's services or products, the business does not necessarily cater to its owners.

3. A cooperative is owned and operated by its members. The members use the cooperative's services or buy its products. Therefore, a cooperative caters to its owners.

4. A sole proprietorship is owned by one person. While the owner may use the business's services or products, the business does not necessarily cater to its owner.

Question

The correct answer is c. Cooperative.

A cooperative is a type of business that is owned and operated by its members. The members of the cooperative are also its customers. Therefore, a cooperative caters to its owners because the owners are the ones who use the cooperative's services or buy its products.

Here is a step-by-step explanation:

1. A corporation is owned by shareholders, who may or may not use the corporation's products or services. Therefore, a corporation does not necessarily cater to its owners.

2. A partnership is owned by two or more people, who share the profits of the business. While the partners may use the business's services or products, the business does not necessarily cater to its owners.

3. A cooperative is owned and operated by its members. The members use the cooperative's services or buy its products. Therefore, a cooperative caters to its owners.

4. A sole proprietorship is owned by one person. While the owner may use the business's services or products, the business does not necessarily cater to its owner.

Knowee AI · Accepted Answer

The correct answer is c. Cooperative.

A cooperative is a type of business that is owned and operated by its members. The members of the cooperative are also its customers. Therefore, a cooperative caters to its owners because the owners are the ones who use the cooperative's services or buy its products.

Here is a step-by-step explanation:

1. A corporation is owned by shareholders, who may or may not use the corporation's products or services. Therefore, a corporation does not necessarily cater to its owners.

2. A partnership is owned by two or more people, who share the profits of the business. While the partners may use the business's services or products, the business does not necessarily cater to its owners.

3. A cooperative is owned and operated by its members. The members use the cooperative's services or buy its products. Therefore, a cooperative caters to its owners.

4. A sole proprietorship is owned by one person. While the owner may use the business's services or products, the business does not necessarily cater to its owner.

Which below is a type business who caters to their owners? a. Corporation b. Partnership c. Cooperative d. Sole proprietorship

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