The main difference between a final consumer and an intermediate consumer is that
A. unlike final consumers, intermediate consumers provide monetary benefits to organizations by purchasing their products.
B. final consumers make more purchases than the intermediate consumers.
C. the intermediate consumer purchases finished products, whereas the final consumer buys only raw materials.
D. final consumers tend to have more bargaining power than intermediate consumers.
E. intermediate consumers buy raw materials and sell finished products to final consumers, who use them.
Answer: E
You might also like to view...
What name is given to the process whereby a third party makes formal but non-binding recommendations to prompt a settlement between the employer and employees in an industrial dispute:
a. conciliation b. mediation c. arbitration d. negotiation
Which of the following is not identified as an ethical dilemma for consultants in the entry and contracting stages?
a. misrepresentation and collusion b. misuse of data c. value and goal conflict d. technical ineptness
Off-balance-sheet activities consist of trading financial instruments and generating income from fees and loan sales, all of which affect bank profits but are not visible on bank balance sheets
Indicate whether the statement is true or false
A contract is a(n) agreement
a. rapid contract b. fast contract c. explicit contract d. implied contractif there is a written or oral expression of intent by the parties to enter into a legally binding e. none of the other choices are correct