Which One of the Following Best Describes a Broker

question 48

Multiple Choice

Which one of the following best describes a broker?

• A)intermediary who arranges trades between a buyer and a seller
• B)trader who buys and sells from his or her inventory
• C)firm which charges a commission for arranging a transaction
• D)person who buys securities for his or her own account on an exchange floor
• E)trader who transacts business on behalf of a securities issuer

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Definitions:

Consumer Loyalty

The ongoing preference of a customer to buy a particular brand or product over competitors, often reflected in repeat purchases.

Brand Dilution

The weakening of a brand's power or the diminishing of its perceived value due to overextension, poor marketing decisions, or association with lower quality products.

Brand Extension

A marketing strategy where a company uses an existing brand name to launch a new product in a different category, leveraging brand equity.

Complementary Goods

Products or services that enhance or are necessary for the use of another product, such as printers and ink cartridges.