QUESTION
Give an example of how an intermediary adds value to a product.
What will be an ideal response?
ANSWER
Answer: Intermediaries sell products where people want them. An example of this is a wholesaler that moves apples from orchards into retail stores, making it easier for consumers to shop for them.
Explanation: Intermediaries change materials into useful products, sell products where people want them, sell products when people want them, provide knowledge about products, help customers acquire the products, and help customers use the products. An example of an intermediary selling products where people want them is a wholesaler that moves apples from orchards into retail stores, making it easier for consumers to shop for them.
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