Which of the Following Observations About Wholesaling Is True

question 78

Multiple Choice

Which of the following observations about wholesaling is true? 

• A) Owing to the distribution functions they perform, wholesalers do not need to actively seek out producers.
• B) Agents, brokers, and manufacturers' representatives are types of wholesalers that take title to the merchandise they sell.
• C) Wholesalers create value for retailers, producers, and users of goods by performing all or some of the distribution functions efficiently and effectively.
• D) Wholesalers do not typically engage in relationship marketing.

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Definitions:

Compounded Semiannually

Refers to the process where interest is added to the principal balance of a loan or deposit twice a year, effectively increasing the amount of interest earned or paid.

Promissory Note

A financial document in which one entity guarantees to pay a certain amount of money to another, either when asked or at an agreed-upon date in the future.

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.

Canadian Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, calculated by Statistics Canada.