Transcone Is an Independent Distributer That Distributes Home Décor Related

question 58

Multiple Choice

Transcone is an independent distributer that distributes home décor related products to various retailers. The company takes legal possession of the goods it distributes. It warehouses the products and ships them to the retailers, but it does not provide credit or marketing assistance. It is evident that Transcone is a _____.

• A)full-service merchant wholesaler
• B)agent
• C)broker
• D)limited-service merchant wholesaler

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Definitions:

Procurement

The process of sourcing and acquiring goods and services from external sources for an organization.

E-sourcing

The process of acquiring goods or services for business use through online platforms and electronic negotiations.

E-procurement

Electronic procurement involves the use of online systems and tools to conduct the purchasing process and obtain goods and services.

Data Management

The process of collecting, storing, organizing, and maintaining the data created and collected by an organization.