Showing posts with label Marketing Principles Chapter 14. Show all posts
Showing posts with label Marketing Principles Chapter 14. Show all posts

Organizations that take title to the products and facilitate the movement of products and services from the manufacturer to producers, resellers, governments, institutions, and retailers are known as ________ .

Organizations that take title to the products and facilitate the movement of products and services from the manufacturer to producers, resellers, governments, institutions, and retailers are known as ________ .



a. merchant wholesalers
b. brokers
c. agents
d. vendors


Answer: a. merchant wholesalers

Which of the following is true of merchant wholesalers?

Which of the following is true of merchant wholesalers?



a. They get a fee or a commission from the producer based on sales volume.
b. They primarily provide form utility to the consumer.
c. They take title to the goods they sell.
d. They get a fee or a commission from the producer based on sales volume.


Answer: c. They take title to the goods they sell.