A(n) ________ Is a Storeless Retailer Serving a Specific Clientele

question 151

Multiple Choice

A(n) ________ is a storeless retailer serving a specific clientele - usually employees of large organizations - who are authorized to buy from a list of retailers that have agreed to give discounts in return for inclusion on the list.

• A) direct-selling vendor
• B) direct marketing vendor
• C) buying service
• D) automatic vendor
• E) corporate retailer

---

Definitions:

Long-Term Investments

Assets that are more than 1 year old and are carried on the balance sheet at cost or book value with no appreciation.

Stocks

Shares of ownership in a company that represent a claim on the company's earnings and assets, which can be bought and sold in the stock market.

Bonds

The connections with family, friends, and others who have a similar cultural background or ethnicity.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.