INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Walmart, Domino’s, and Avis Rent-a-Car are examples of
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agents.
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industrial distributors.
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retailers.
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wholesalers.
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Explanation:
Detailed explanation-1: -Ultimate consumers are those individuals or groups who use a product after it has gone through all the stages of production. For example, a family of three would be the ultimate consumers of cereal when they purchase it from the grocery store.
Detailed explanation-2: -Wholesalers Wholesalers are intermediaries that buy and resell products to retailers. Wholesalers sell to those who are going to put products in their own stores.
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