Question

Which of the following statements about the terms used

Q: Answer-Which of the following statements about the terms used for marketing intermediaries is true?

Dealer and distributor are described as the two imprecise terms. A retailer sells to ultimate consumers. An agent has legal authority to act on behalf of a manufacturer. A broker is any intermediary similar to an agent.

for marketing intermediaries is true?

A The most precise terms used to describe marketing intermediaries are dealer and distributor.

B A retailer sells to business markets.

C An agent has no legal authority to act on behalf of a manufacturer.

D A middleman is any intermediary between manufacturer and end-user markets.

E None of these

Practice Next

More Basics of Marketing Management Questions

Which among the following documents, as per the passage, is not included in the scheme for filing by LLP’s?
The durian is a tropical fruit ________ Malaysia.
Find the appropriate word.
Find the appropriate word.
Find the appropriate word for Blank 4.
Find the appropriate word.
A distributor ________ electricity from a generator, adds transmission and distribution________, a charge to recover technical losses, operating expens...
Find the appropriate word.
Choose the most appropriate word for blank 114.
Select the most appropriate option for blank No. 4.

Which of the following statements about the terms used

Solution