________ and ________ Do Not Take Title to Goods, and They

question 149

Multiple Choice

________ and ________ do not take title to goods, and they perform only a few channel functions.

• A) Full-service wholesalers; limited-service wholesalers
• B) Brokers; agents
• C) Industrial distributors; cash-and-carry wholesalers
• D) Cash-and-carry wholesalers; industrial distributors
• E) Rack jobbers; off-price retailers

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Definitions:

Performance Measure

Metrics or indicators used to assess, compare, and track the performance or efficiency of different aspects of an organization.

Financial

This term relates to matters associated with finance, including investments, assets, liabilities, and the management of money.

Incentive Compensation

A form of performance-based pay awarded to employees for meeting or exceeding specific goals or benchmarks.

Balanced Scorecard

A strategic planning and management system that organizations use to communicate what they are trying to accomplish, align the day-to-day work with strategy, and monitor progress towards strategic targets.