RHKurt & Son,Inc

question 13

Multiple Choice

R.H.Kurt & Son,Inc. ,distributes rifles for hunting and target shooting,rifle barrels,triggers,cleaning equipment,and reloading equipment to sporting equipment retailers and many large discount stores.It carries products from 41 different manufacturers.The manufacturers whose products it carries are known for producing superior products and are leaders in their industries.In addition,Kurt is able to repair damaged rifles through its gunsmith service,which is available to all of its retailers.
-Refer to R.H.Kurt.When Kurt solicits an order from a sporting goods store,which type of function does it engage in?

• A)logistical
• B)functional
• C)facilitating
• D)transactional

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Definitions:

Shares Of Stock

Units of ownership in a corporation or financial asset, providing a proportion of the profit to shareholders in the form of dividends.

Inventory

The total amount of goods and materials held by a business for the purpose of sale or production.

Credit Policy

A credit policy is a set of guidelines that a company follows to determine credit terms and conditions for its customers.