Ch 41 - Key term

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  • Created by: angus f.v
  • Created on: 18-12-14 11:09
Agent or broker
An intermediary that brings together buyers and sellers
1 of 5
Direct selling
Where businesses sell their products directly to consumers
2 of 5
Distribution channel
The route taken by a product from the producer to the customer
3 of 5
Retailer
A business which buys goods from manufactures and wholesalers and sells them in small quantities to consumers
4 of 5
Wholesaler
A business which buys goods from manufacturers and sells them in smaller quantities to retailers.
5 of 5

Other cards in this set

Card 2

Front

Where businesses sell their products directly to consumers

Back

Direct selling

Card 3

Front

The route taken by a product from the producer to the customer

Back

Preview of the back of card 3

Card 4

Front

A business which buys goods from manufactures and wholesalers and sells them in small quantities to consumers

Back

Preview of the back of card 4

Card 5

Front

A business which buys goods from manufacturers and sells them in smaller quantities to retailers.

Back

Preview of the back of card 5

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