In the Context of Types of Marketing Intermediaries,which of the Following

question 77

Multiple Choice

In the context of types of marketing intermediaries,which of the following statements is true of brokers?

• A)They typically assume title risks to a product.
• B)They usually have physical custody of products.
• C)They are looked upon as permanent representatives of both buyers and sellers.
• D)They serve as go-betweens for a buyer or a seller.

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Definitions:

Customer Complaints

Feedback or grievances expressed by customers about a product or service.

Process Proportion

A measure of the proportion of times a particular process or event occurs over the total instances considered.

Service Department

A division within a company or an organization that is responsible for providing various support and services to either internal or external customers.

Upper Control Limit

In statistical quality control, the highest value on a control chart that signals when a process is still in control without indicating concern.