Arnold Wood's company buys machine tools from large producers and sells them to several Midwestern manufacturing companies. The company Arnold works for carries inventories of the tools, which reduces capital requirements for the producers. Arnold's company is an example of a(n) ____ in a distribution channel.
A. direct distributor
B. manufacturers' agent
C. industrial distributor
D. producers' agent
E. wholesalers' agent
Answer: C
You might also like to view...
In the standard learning hierarchy model, attitude is based on behavioral learning processes
Indicate whether the statement is true or false
Jake recently made changes in his office to allow employees more time with their families. During that time, Jake noticed a marked drop in employee turnover. Jake has increased
a. employee retention. b. employee attrition. c. employee growth. d. employee self-esteem.
Which of the following does not result in the dissolution of a partnership?
A) Death of a partner B) Admission of a new partner C) Withdrawal of a partner D) Sale of partnership assets
Management accounting is a subordinate activity to financial accounting
Indicate whether the statement is true or false