Exxon Consulting Works as an Agent on Behalf of Business

question 97

Multiple Choice

Exxon Consulting works as an agent on behalf of business consumers to collect information on various industrial products. When faced with buying decisions, businesses can approach Exxon to obtain detailed information on the various options available to them. The company earns revenue by selling such information to various customers. Exxon Consulting can be called a(n) ________.

• A) infomediary
• B) market maker
• C) customer community
• D) third party arbitrator
• E) informant

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Definitions:

Adjust

The process of altering or modifying something to better suit a particular purpose or condition.

Living Wills

Legal documents outlining a person's wishes regarding medical treatments and life-support measures in situations where they're unable to communicate their decisions.

Life-Support Measures

Medical interventions that sustain life, especially during critical illnesses or terminal conditions.

Legal Document

A formal document that is legally recognized and enforceable by law, such as contracts, wills, or deeds.