Which of the following best describes wholesalers?
A. Organizations that buy products from producers and sell them to retailers
B. Individuals or organizations that purchase products and then resell them to other businesses and consumers
C. Organizations or individuals who buy products for resale to government, reseller, producer, and institutional users
D. Organizations or entities that buy products from government, reseller, and producer users and sell them to customers in bulk
E. Companies that make products that have a general appeal and are resold to retailers for a profit
Answer: C
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Retail and service organizations should ________.
A. communicate their internal problems to customers B. respond to customer complaints using "company policy" as an excuse C. establish policies and procedures that are flexible D. focus on attracting new customers instead of trying to retain current customers
The fiscal year selected by companies
A) is the same as the calendar year B) begins with the first day of the month and ends on the last day of the twelfth month C) must always begin on January 1. D) will change each year
The Trust Indenture Act of 1939 regulates the public issuance of ________ in excess of $5 million
A) commodity fixtures B) preferred stock and other debt securities C) bonds and other debt securities D) stock dividends
Which of the following is not an example of lawmaking by the executive branch of government?
a. a directive by the governor of a state b. a directive by the president c. adoption of a rule by an administrative agency d. adoption of the RICO statute