Chapter 12 - Distribution

Question 1

Agent or broker

Answer 1

An intermediary that brings together buyers and sellers

Question 2

Breaking bulk

Answer 2

Dividing a large quantity of goods received from a supplier before selling them on in smaller quantities to customers

Question 3

Direct selling

Answer 3

Producers selling their products directly to consumers

Question 4

Distribution

Answer 4

The delivery of goods from the producer to the consumer

Question 5

Distribution channel

Answer 5

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

Question 6

E-commerce

Answer 6

The use of electronic systems to sell goods and services

Question 7

Intermediaries

Answer 7

Links between the producer and the consumer

Question 8

Retailer

Answer 8

A business that buys goods from manufacturers and wholesalers, and sells them in small quantities to consumers

Question 9

Wholesaler

Answer 9

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