Multiple Choice
Which of the following is a characteristic of loans made by mortgage loan brokers?
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1. Introduction to Accounting
Types of Accounting
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Which type of business sells primarily to retailers and provides a full range of services?
A
Retail Merchandisers
B
Manufacturers
C
Wholesale Merchandisers
D
Service Companies
Verified step by step guidance1
Understand the types of businesses mentioned in the problem: Retail Merchandisers, Manufacturers, Wholesale Merchandisers, and Service Companies.
Retail Merchandisers sell directly to consumers, typically through physical or online stores.
Manufacturers produce goods and sell them to wholesalers or directly to retailers, focusing on production rather than distribution.
Wholesale Merchandisers act as intermediaries, selling goods primarily to retailers and providing a full range of services such as inventory management, delivery, and credit terms.
Service Companies provide intangible services rather than physical goods, such as consulting, accounting, or legal services.
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