QUESTION
Which of the following is NOT an example of intermediaries?
A) agents
B) brokers
C) wholesalers
D) producers
E) retailers
ANSWER
Answer: D
Explanation: D) Intermediaries are the people or firms that move products between producer and customers. Agents, brokers, retailers, and wholesalers are all intermediaries. Producers and consumers are NOT intermediaries. If a product moves from a producer directly to a consumer, it is said to be a direct channel, with no intermediaries involved.
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