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Jade Inc Serves as an Intermediary Between Stone Corp

question 41

Multiple Choice

Jade Inc. serves as an intermediary between Stone Corp., a gem supplier, and Purple, a jewelry store. If Jade limits its selling activity to accepting orders from Purple and conveying them to Stone Corp., Jade is most likely in the _____ stage of personal-selling evolution.


Definitions:

Buyers

Individuals or entities that purchase goods or services for personal use or for resale.

Sellers

Individuals or businesses that provide goods or services to consumers in exchange for payment.

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund public expenditures.

Corporations' Profits

The financial earnings that remain for a corporation after all expenses, taxes, and costs have been deducted from total revenue.

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