BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

RETAIL MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
For the following intermediaries, which one is an agent?
A
Wholesalers
B
Transportation company
C
Broker
D
Retailers
Explanation: 

Detailed explanation-1: -Intermediaries: agents and brokers Agents are people that represent another person or entity. They serve as an intermediary between buyers and sellers on a permanent basis. They have the power to negotiate and are given decision-making power. They are most actively present in the real estate industry.

Detailed explanation-2: -Retailers. Retailers purchase products from other channel intermediaries, such as wholesalers and distributors, to sell directly to consumers. Retailers can be small or large for-profit companies. They usually buy smaller quantities of products than wholesalers and distributors.

There is 1 question to complete.