Merchant Wholesalers Can Be Divided into Two Basic Categories

question 87

Multiple Choice

Merchant wholesalers can be divided into two basic categories:

• A) general merchandise and general-line.
• B) rack jobbers and cash-and-carry.
• C) commission and fee-based.
• D) goods and services.
• E) full-service and limited-service.

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Definitions:

Organization Activities

Actions or engagements undertaken by a company or organization to accomplish its goals and mission.

Society Stakeholders

Individuals or groups that are impacted by or can impact the activities of a business, including customers, employees, investors, and the local community.

Socially Responsible

Conducting oneself or one's business in a manner that considers and respects ethical, environmental, and community values.

Community Relations

The efforts an organization undertakes to manage and improve its relationships and interactions with the communities in which it operates.