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What are agents, brokers, wholesalers, and retailers commonly referred to as?Multiple Choicechannel brokersintermediariesmiddlemenactuariesminutemen

Question

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Solution

Breakdown of the Problem

This question is asking for the common term used to refer to agents, brokers, wholesalers, and retailers within business and marketing.

Relevant Concepts

  • Agents: Individuals who facilitate transactions between buyers and sellers.
  • Brokers: Representatives who negotiate sales on behalf of others.
  • Wholesalers: Entities that purchase goods in bulk and sell them to retailers.
  • Retailers: Businesses that sell products directly to consumers.

Analysis and Detail

Collectively, these roles serve as facilitators in the distribution chain by connecting producers to consumers.

Verify and Summarize

Among the multiple-choice options, the term which best describes agents, brokers, wholesalers, and retailers is intermediaries. This term encompasses all the roles that act as links between producers and consumers.

Final Answer

The correct answer is intermediaries.

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