With a Bartering Exchange,a Company Submits Its Surplus to the Exchange

question 68

Multiple Choice

With a bartering exchange,a company submits its surplus to the exchange and receives

• A) points of credit, which the company can then use to buy items that it needs.
• B) an equivalent amount of products or services.
• C) interest payments until it buys something from the exchange.
• D) cash minus a small commission for services.

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Definitions:

Intermediary

An entity or individual that acts as a middleman between two parties in a transaction, usually within the supply chain for goods and services.

Marketing Channel

Pathways or routes through which goods and services flow from the producer to the consumer.

Producer

A Producer is an individual or organization that creates goods or services, often selling them to consumers or intermediary buyers.

Marketing Channel

A system of intermediaries a product or service passes through before reaching the end consumer.