Scenario 8.2 Use the Following to Answer the Questions

question 1

Multiple Choice

Scenario 8.2
Use the following to answer the questions.
Precision Brake Company is a supplier of brake components to the manufacturers of lawn tractors and 4-wheel ATV's.It also sells its products to independent repair centers,dealers,and other wholesalers in the northeast and southern states.Precision Brake has done research on the demand for lawn tractors and found that most manufacturers are in the states of Kentucky,Tennessee,and Alabama.Research also shows that most of the dealers who sell directly to individual consumers are in the midwestern states,while dealers who sell to small business landscaping companies tend to be located in the northeastern states.Company executives are considering expansion of its distribution to markets in the Midwest.
-Refer to Scenario 8.2.Given the type of business market in which Precision Brake is currently operating,which group would it be least likely to sell to?

• A)Producers
• B)Governments
• C)Retailers
• D)Consumers
• E)Institutions

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Definitions:

Trade

The exchange of goods, services, or both within and between countries, driven by the principle of comparative advantage and market demand.

Indentured Servants

Individuals who signed a contract to work for a specific period of time in exchange for passage to the New World, food, accommodation, and a form of 'freedom dues' at the end of their term.

Women In Virginia

A term referring to the life, roles, and historical contributions of women in the state of Virginia, highlighting their social, political, and economic experiences.

Mid-Twenties

A term often used to describe the period of life between the ages of 24 and 26, or the 1925–1926 period in the 20th century, known for its distinctive cultural and societal changes.