A(n) ________ Does Not Take Title to Goods and Represents

question 1

Multiple Choice

A(n) ________ does not take title to goods and represents buyers or sellers on a more permanent basis than a broker.

• A) full-service wholesaler
• B) industrial distributor
• C) agent
• D) retailer
• E) cash-and-carry wholesaler

---

Definitions:

Foreign Competition

Foreign competition involves businesses based in one country competing against products or services offered by companies based in other countries.

Supply Chains

Networks of individuals, organizations, resources, activities, and technology involved in the production and delivery of a product or service from supplier to consumer.

Culture

The set of values, guiding beliefs, understandings, and ways of doing things shared by members of a society; exists on two levels.

Symbols and Ceremonies

Elements used within a culture or organization to represent ideas, values, or commemorate important events or achievements.