Theme 1.3.4 Flashcards

1
Q

agent

A

an intermediary that brings together buyers and sellers

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2
Q

breaking-bulk

A

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

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3
Q

direct selling

A

producers selling their products directly to consumers

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4
Q

distribution

A

the delivery of goods from the producer to the consumer

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5
Q

distribution channel

A

the route taken by a product from the producer to the customer

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6
Q

E-commerce

A

the use of electronic systems to sell goods and services

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7
Q

intermediaries

A

links between the producer and the consumer

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8
Q

retailer

A

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

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9
Q

wholesaler

A

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

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