ME11 4.01 Vocab
Quiz
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Medium
Jolene Alley
Used 7+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
_____ are intermediaries who assist in the sale by matching the right product to the right customer.
Retailers
Agents
Wholesalers
Producers
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
__________ are intermediaries who buy in bulk from the producers and sell to the retailers.
Agents
Producers
Retailers
Wholesalers
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The ________ user is a business that buys materials, services, or goods that will be used to make other goods or used in the operation of the company.
Consumer
Industrial
End
Ultimate
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
_____________ are the paths, or routes, that goods or services take from the producer to the ultimate consumer or industrial user.
Channel of Distribution
Direct Distribution
Indirect Distribution
Middlemen
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
________ are the people who personally use a good or service to satisfy their own wants.
Industrial Users
Retailers
Wholesalers
Ultimate Consumers
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
_________ are channel members operating between the producer & the consumer/industrial user to help in the movement of goods & services.
Agents
Intermediaries
Retailers
Wholsalers
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
______ are businesses that buy consumer goods or services and sell them to ultimate consumers.
Agents
Intermediaries
Retailers
Wholesalers
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