Southside Distributors in Los Angeles distributes beverages for a major corporation in Kansas City. It is specifically a part of a(n) ____ market.
A) reseller
B) governmental
C) institutional
D) consumer
E) organizational
Question 2 - The two key aspects of product quality are level and value.
Indicate whether the statement is true or false
Question 3 - The main reason there are fewer production industries than distribution or service industries is that
A) there are few things production industries manufacture.
B) production industries have no market.
C) production industries need a large initial investment.
D) there is little chance for profit in production industries.
E) few people want to work in production industries.
Question 4 - During 2010, Bedford Technology sold common stock for the first time to whoever wanted to buy it. This was the ____ for Bedford.
A) public stock sale
B) preferred stock offering
C) initial public offering
D) stock dividend
E) par value
Question 5 - If Carolyn Smith purchases office supplies for her home office from which she operates her insurance business, she is a member of which type of market?
A) Consumer
B) Business-to-business
C) Reseller
D) Institutional
E) Producer
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