A purchasing agent
A) has an exclusive arrangement with the company, represents all of its operations in a particular market, and acts as the sales and/or marketing department of the firm
B) has a long-term relationship with a buyer who selects, receives, and ships goods to buyers and is paid on a commission basis
C) takes possession of goods on consignment from the local markets and then sells them at a central market location
D) is a representative who works for one or more noncompeting manufacturers in a particular market
Correct Answer:
Verified
Q100: Drop shippers are wholesalers who
A) carry a
Q101: Mail-order wholesalers are wholesalers who
A) carry a
Q102: Agents have all of the following characteristics
Q103: Brokers have all of the following characteristics
Q104: A selling agent
A) has an exclusive arrangement
Q106: A commission merchant
A) has an exclusive arrangement
Q107: Manufacturers use distributors rather than sell directly
Q108: An advantage to using intermediaries is that
Q109: An advantage to using intermediaries is that
Q110: An indirect channel of distribution does not
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