Which of the Following Transactions Is Represented by the Diagram

question 70

Multiple Choice

Which of the following transactions is represented by the diagram below?

• A) A junkyard holds weekly sales where it sells its entire inventory.
• B) A shoe store sells products to consumers.
• C) A stay-at-home mom creates furniture for doll houses. When one piece is finished, she sells it on Amazon.com.
• D) Netflix sells movies to consumers through its online downloading service.

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Definitions:

Producer

An individual or organization that creates or supplies goods or services.

Selling Agent

An individual or entity that represents sellers in transactions, responsible for finding buyers and negotiating sales on behalf of their clients.

Greeting Cards

Greeting Cards are illustrated pieces of card stock or high-quality paper featuring expressions of friendship or other sentiments, traditionally given on special occasions or as a form of thoughtful communication.

Product Strategy

The plan a business follows to make its product successful, including decisions on design, features, pricing, and target markets.