Sandra, after attending culinary school, has returned home to start a small French restaurant using sustainable, local items as well as foods and wines from France. What type of distribution would she have and who would belong at what level?
What will be an ideal response?
Sandra uses indirect channels.
The levels would include:
*Producers: local farmers, French farmers, French wineries (if buying direct)
*Agents/Brokers: to import items (if indirect purchases are made)
*Wholesalers: restaurant supply companies
*Retailer: Sandra's French restaurant
*Consumers: visiting the restaurant
You might also like to view...
Briefly explain the different types of employment tests.
What will be an ideal response?
The data below shows the number of seashells collected by different classmates
12, 9, 15, 3, 24, 12, 25, 18, 11, 5, 8, 19, 25, 23, 20, 10, 14, 16, 8, 3, 15, 7, 6, 1, 10, 19, 22, 20, 13, 7 Which frequency distribution table summarizes the data?
What was the amount of Fannie Mae's restatement of its revenue?
a. $125 million b. $90 million c. $115 million d. $6.3 billion
Match each term with the correct statement below.
a. consumer b. economics c. economic system d. entrepreneurs e. free enterprise f. gross domestic product g. labor resources h. mixed economy 1. A measure of the economic activity within the physical borders of a country. 2. A system in which private businesses are able to start and do business competitively to earn profits, with a minimal degree of government regulation. 3. The human talent, skills, and competence available in a nation. 4. A person who purchases a good or service for personal use. 5. People who take the risks necessary to organize and manage a business and receive the financial profits and non monetary rewards. 6. An economy in which both the government and private business enterprises produce and distribute goods and services. 7. The study of how a society chooses to use scarce resources to produce goods and services and to distribute them to people for consumption. 8. The accepted process by which labor, capital, and natural resources are organized to produce and distribute goods and services in a society.