At minimum, a marketing channel consists of a producer and a(n) ________.

a. wholesaler
b. agent
c. broker
d. intermediary
e. customer

Answer: e. customer

Business

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The retailing concept is comprised of _____

a. price orientation, social responsibility, and competitive defensibility b. niche strategy, cost leadership, and market segmentation c. customer orientation, coordinated effort, value driven, and goal orientation d. short-run objectives, long-term strategy, implementable actions, and channel control

Business

An extension clause allows the date of maturity of an instrument to be extended into the future

Indicate whether the statement is true or false

Business