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Royal Teas, a U.K.-based company employing just 30 people worldwide, generates $1.5 million in revenues of which 60 percent comes from exports to Asian countries. Royal Teas is most likely classified as a
One-Time Sales
Refers to transactions where products or services are sold on a singular occasion, rather than on a recurring basis.
Individual Customers
Single persons or entities that purchase goods or services for personal use or consumption rather than for resale.
Trade Associations
Organizations founded and funded by businesses that operate in a specific industry, aimed at promoting their collective interests.
Commercial Banks
Commercial banks are financial institutions that offer a wide range of banking services to businesses and individuals, including deposit accounts, loans, and other financial products.
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