A Retailer Refers to

question 258

Multiple Choice

A retailer refers to

• A)an intermediary who sells only to other intermediaries.
• B)any intermediary between a manufacturer and industrial markets.
• C)an intermediary who sells to other distributors.
• D)an intermediary who takes possession of a product,alters it in some way,and then sells it to the ultimate consumer.
• E)an intermediary who sells to consumers.

---

Definitions:

Bureaucracy

A system of government or management involving multiple layers of administration, strict policies, and rules.

Unity of Direction Principle

A leadership principle suggesting that team members should work towards the same objectives in a coordinated and cohesive manner.

Bureaucracy

An organizational system characterized by structured procedures and formal rules, typically involving a hierarchy of authority.

Modern Science

A systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.