What is the name given to intermediaries who sell products to other businesses for resale to ultimate customers or to institutions and businesses for use in their operations?
A) producers
B) agents
C) wholesalers
D) brokers
E) retailers
Answer: C
Explanation: C) Wholesalers, also known as middlemen, are intermediaries who sell products to other businesses for resale to ultimate customers or to institutions and businesses for use in their operations.
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Answer the following statement true (T) or false (F)
________ reflect the collective learning in organizations, such as, how to coordinate production skills, integrate multiple streams of technologies, and market and merchandise diverse products and services.
A. Horizontal integrations B. Core competencies C. Cultures D. Primary value chain activities
Japan has been one of China's largest sources of imports, along with South Korea and the United States. Because there is still political enmity between China and Japan due to the Japanese occupation of parts of China during World War II, the best explanation for the present Japanese trade relationship with China is:
A. Asian interdependence. B. that only Japan manufactures to Chinese standards. C. a common written language. D. geographical proximity.
According to the ______ rule, the best choice is the alternative that guarantees everyone a minimum level of benefits.
Fill in the blank(s) with the appropriate word(s).