Which of the Following Statements Best Describes the Key Difference

question 197

Multiple Choice

Which of the following statements best describes the key difference between merchant wholesalers and agents and brokers?

• A)Merchant wholesalers don't perform all channel functions,whereas agents and brokers do.
• B)Agents and brokers only deal with consumer channels.
• C)Agents and brokers make their profits based on the sales of merchandise they own,while merchant wholesalers make profits based on fees paid for their services.
• D)Merchant wholesalers take title to merchandise,whereas agents and brokers do not.
• E)Agents and brokers take title to merchandise,whereas merchant wholesalers do not.

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Definitions:

Travel Costs

Expenses incurred during travel, such as for transportation, lodging, and meals.

Virtual Team

A collaborative work group that utilizes electronic communication to work together from various locations.

In-Person Meetings

Face-to-face gatherings where participants interact directly, rather than through electronic means.

Productive

Yielding results, benefits, or profits effectively and efficiently.