Jeff Wood's company buys machine tools from large producers and sells them to several Midwestern manufacturing companies. The company Jeff works for carries inventories of the tools, which reduces capital requirements for the producers. Jeff's company is an example of a(n) ___________ in a distribution channel.
a) direct distributor
b) manufacturers' agent
c) industrial distributor
d) producers' agent
e) wholesalers' agent
Answer: c) industrial distributor