Josmar Farms, Sells Their Products Directly at Their Storefront, at a Local

question 114

Multiple Choice

Josmar Farms, sells their products directly at their storefront, at a local farmers market, through a local convenience store, and through an online storefront using Facebook. They are referred to as a(n) :

• A)multi-tailers
• B)multi-retailers.
• C)poly-retailers.
• D)multichannel retailers.

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Definitions:

Commercial Paper

A short-term unsecured debt instrument issued by corporations to finance their immediate operational needs.

Unsecured Debt

A type of debt or general obligation that is not protected by a guarantor or collateralized by a lien on specific assets of the borrower.

Short-Term

Relating to or occurring on a brief or immediate timescale, typically within one year.

Short-Term Collateralized

Financial arrangements that involve the use of assets as collateral for a short-duration loan.