A Manufacturer's Sales Office

question 110

Multiple Choice

A manufacturer's sales office

• A) works for several producers and carries noncompetitive, complementary merchandise in an exclusive territory.
• B) takes title to merchandise but sells only to buyers that call on them, pay cash for merchandise, and furnish their own transportation for the merchandise.
• C) carries a producer's inventory, performs the functions of a full-service wholesaler, and is an alternative to a merchant wholesaler.
• D) does not carry inventory, typically performs a sales function, and is an alternative to agents and brokers.
• E) brings buyers and sellers together to make sales.

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Definitions:

Marginally Attached Workers

Individuals who are not in the labor force, want and are available for work, and have looked for a job sometime in the past 12 months but not in the four weeks preceding the survey.

Bureau of Labor Statistics

The Bureau of Labor Statistics is a government agency that collects, analyzes, and disseminates various data related to employment, wages, and other economic indicators in the United States.

Official Unemployment Rate

The percentage of active job seekers within the labor force who are presently without a job.

Imperfect Measure

A term used to describe a metric or means of evaluation that does not capture or reflect all relevant aspects perfectly.