ME11 4.01 Vocab

ME11 4.01 Vocab

9th - 12th Grade

11 Qs

quiz-placeholder

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ME11 4.01 Vocab

ME11 4.01 Vocab

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Jolene Alley

Used 6+ times

FREE Resource

11 questions

Show all answers

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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