A merchant establishment operated by a concern that is engaged primarily in buying, taking title to, usually storing and physically handling goods in large quantities, and reselling the goods to retail or to industrial or business users is known as

wholesaler.
Indicate whether the statement is true or false


TRUE

Business

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The current account is a record of all long-term direct investment, portfolio investment, and other short- and long-term capital flows

Indicate whether the statement is true or false

Business

Which of the following is characteristics of the sociopolitical environment of labor relations?

A. Inflation rates. B. Business and labor lobbying. C. Common law. D. Corporate codes of conduct.

Business

Jim knew instinctively that his professor wouldn't appreciate it if he brought his single scoop of vanilla ice cream into the lecture hall with him

He could almost hear the inevitable question, "Did you bring enough for everyone?" To avert such an embarrassment, he practically inhaled his frozen confection as he raced down the hall. He had eaten ice cream in this fashion before and knew he would soon have an ice cream headache, which could be described as: A) High in consequence and high in probability. B) Low in consequence and low in probability. C) Low in probability and high in consequence. D) High in probability and low in consequence.

Business

Describe the six steps of the process that marketers can use to establish prices.

What will be an ideal response?

Business