The Main Difference Between a Final Consumer and an Intermediate

question 47

Multiple Choice

The main difference between a final consumer and an intermediate consumer is that

• A) The final consumer usually pays cash for the purchase, whereas the intermediate customer uses a credit arrangement.
• B) An intermediate consumer will utilize the purchase in order to sell its product/service to final consumers, whereas a final consumer uses the product herself.
• C) Final consumers purchase more (in dollar value) than do intermediate consumers.
• D) Intermediate consumers are usually more flexible in their product requirements and scheduling than final consumers.
• E) Final consumers have more bargaining power than intermediate consumers.

Evaluate the success of communication through feedback and understand the role of proofreading in ensuring accurate and error-free messages.

Differentiate between editing and proofreading and understand the limitations of electronic grammar and spell checkers.

Understand the concept and purpose of common-size comparative statements.

Calculate and interpret various financial ratios including liquidity, solvency, and profitability ratios.

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Definitions:

Artificial Insemination

A fertility treatment that involves directly inserting sperm into a woman's womb to facilitate fertilization without sexual intercourse.

In Vitro Fertilization

In vitro fertilization is a medical procedure in which an egg is fertilized by sperm outside of the body, under artificial conditions, often used to overcome fertility issues.

Sperm

Male reproductive cells that carry genetic information and are capable of fertilizing an egg.

Genital Herpes

Sexually transmitted disease caused by the herpes simplex virus (both type 1 and type 2).