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dsp73
3 years ago
12

Brad Gordon, a real estate agent, brings together the buyers and sellers of houses as well as commercial property. Brad helps th

e parties negotiate the terms and conditions of real estate sales, but he does not take title to the property, provide credit, or assume any risks associated with the exchanges he helps negotiate. Because Brad provides only limited services, he is not a true marketing intermediary.
A) True
B) False
Business
2 answers:
Jobisdone [24]3 years ago
8 0

Answer:

Answer: False

Explanation:

A market intermediary can be said to be an individual or group that serves as a link between the manufacturers/owners and others such as intermediaries or the final buyer.

There are four types of marketing intermediaries, namely: Agents, Wholesalers, Distributors and Retailers.

Agents; they serve as intermediaries between buyers and sellers in exchange for an agreed commission.

Wholesalers; they buy products from manufacturers in large quantities and then sell them.

Distributors; like Agents, they do not buy from the manufacturers instead they help distribute in exchange for an agreed commission or prearranged fee.

Retailers; they sell to the final consumer.

Brian Gordon, the real estate agent falls under the agent category therefore, he is a true marketing intermediary.

My name is Ann [436]3 years ago
4 0

Answer:

False

Explanation:

As a marketing intermediary, Brad Gordon has done his part according to the function of a marketing intermediary since he has negotiated an exchange. it doen't reduce his job as a marketing intermediary.

It is left for the connected parties to provide credits or assume risk associate dwith the exchange.

i hope this helps.

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3 years ago
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Ferris Company began January with 6,000 units of its principal product. The cost of each unit is $8. Merchandise transactions fo
makkiz [27]

Answer and Explanation:

Ferris Company

1. Average cost periodic

Dollars $48,000+$ 105,000

= $153,000

Units $11,000+$6,000

= $17,000

153,000 / 17,000 = $9.00 Cost per unit

Cost of Goods Sold:

9,000 units × $9.00= $81,000

Ending Inventory:

8,000 units × $9.00= $72,000

2. Average cost perpetual Jan 5th sales

Dollars 48,000

Units 6000

48,000 / 6,000 = $8.00 Cost per unit

Cost of goods Sold:

3,000 units × $8.00= $24,000

Ending Inventory:

3,000 units × $8.00= $24,000

3. Average cost perpetual Jan 12th sales

Dollars 69,000

Units 8000

69,000 / 8,000 = $8.625 Cost per unit

Cost of Goods Sold:

2,000 units × $8.625

= $17,250

Ending Inventory:

6,000 units × $8.625

= $51,750

4. Average cost perpetual Jan 20th sales

Dollars 60,000+51,750

=111,750

Units 6000+6000

=12,000

111,750 / 12,000 = $9.3125 Cost per unit

Cost of Goods Sold:4,000 units ×$9.3125= $37,250

Ending Inventory:8,000 units × $9.3125= $74,500

Summary of Average Cost Perpetual

Cost of Goods Sold:

Jan 5 3,000 units= $24,000

Jan 12 2,000 units= 17,250

Jan 20 4,000units = 37,250

Total 9,000units = $78,500

Summary of Results

Cost ofGoods Sold EndingInventory

FIFO, Periodic $ 75,000 $78,000

LIFO, Periodic$87,000 $66,000

LIFO, Perpetual $82,000 $71,000

Average Cost, Periodic $81,000 $72,000

Average Cost, Perpetual $78,500 $74,500

8 0
3 years ago
In ___________, salespeople are independent contractors who not only sell the product, but also recruit additional salespeople.
mixas84 [53]

Answer:

The correct answer is:  multi-level marketing.

Explanation:

Multi-level marketing (MLM) is appealing for workers because there is tremendous potential to make money and low entry costs. It is a business strategy in which salespeople recruit other individuals to sell products or services for them in order to earn a portion of their sales in addition to their own sales.

6 0
4 years ago
Furnco sells secretarial chairs. Annual demand is normally distributed, with mean of 1,040 chairs and standard deviation of 50.9
kaheart [24]

Answer:

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Explanation:

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The formula for Reorder point is

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7 0
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-BARSIC- [3]

Answer:

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The market value per share is determined by the company's financial performance, favorable market information concerning the enterprise, perceived future prospects plus investors or public confidence.

One of the goals of financial management is the maximization of the shareholders wealth, this will find expression in how the business actions or inaction of the management has enriched the shareholders.

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