Intermediaries consist of agents, brokers, wholesalers, and retailers
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Intermediaries, or marketing intermediaries, are the people or firms that move products between producer and customers. They consist of agents or brokers, wholesalers, and retailers.
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Marta Company has the following bank items: Balance per company books $50,000 Balance per bank statement 50,450 Deposit in transit 800 Outstanding checks 1,200 Interest income 100 Service charge 50 The adjusted book balance should be
A) $49,250 B) $50,000 C) $50,050 D) $50,850
Which inventory pricing method best approximates specific identification in most manufacturing situations?
a. Activity-based costing b. FIFO c. Average cost d. LIFO
A claim which states that people who ‘pay' for wrongs are unfairly burdened and should not bear the responsibility for the acts of others is opposing ________.
A. judicial activity within organizations B. reverse discrimination C. authoritative leadership D. affirmative action
Fixed rate mortgages usually have
A) the same interest rate. B) an adjustable rate. C) a balloon payment. D) different monthly payments depending upon the interest rate.