Mark Bradley's Company Takes Orders from Its Collection of Retail

question 229

Multiple Choice

Mark Bradley's company takes orders from its collection of retail customers and arranges the shipment of goods directly from manufacturers or other wholesalers to its customers' businesses. Mark is operating as a

• A)mail-order wholesaler.
• B)drop shipper.
• C)desk wholesaler.
• D)truck jobber.
• E)specialty-line wholesaler.

Identify and analyze responses of various organizational levels to change.

Classify changes in the workplace according to their types (technology, people, tasks, structure).

Recognize sources of job stress in the modern work environment.

Differentiate between long-term and short-term strategies for handling burnout and stress.

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Definitions:

Retained Earnings

Represents the portion of net income that is retained by the company rather than being distributed to its owners or shareholders.

Utilities Expense

An expense incurred by a business for basic utilities, such as electricity, gas, and water, which are necessary for operations.

Fees Earned

Revenue generated from providing services.

Prepaid Insurance

Insurance costs paid for in advance, recorded as a current asset until the period the insurance coverage relates to passes.