A Unique Broker That Acts in Many Ways Like a Manufacturer's

question 24

Multiple Choice

A unique broker that acts in many ways like a manufacturer's agent is a food broker, representing buyers and sellers in the grocery industry. Food brokers differ from conventional brokers because they act on behalf of producers on a permanent basis and

• A) receive a commission for their services.
• B) are paid a flat fee for each time the shelves are stocked.
• C) are paid by both the buyer and seller separately depending upon the size of the order.
• D) are paid a commission by the buyer and a bonus by the seller.
• E) are paid a flat fee by both the buyer and seller, but receive a bonus based upon the percentage of increased sales by quarter.

---

Definitions:

Communication Gap

A situation where a misunderstanding or lack of clarity occurs due to differences in communication styles, language barriers, or misinterpretation of messages.

Empowerment Gap

The disparity between acquiring digital tools or platforms and having the genuine ability or empowerment to use them effectively.

Empathy

Empathy is the ability to understand and share the feelings of another, creating a sense of shared experience or emotion.

Service Characteristic

Features that distinguish services from goods, including intangibility, inseparability, variability, and perishability.