Asked by Bryan Cakir on Apr 26, 2024
Verified
An intermediary who sells products to the ultimate consumer is referred to as a broker.
Intermediary
A mediator or agent between two parties who facilitates interaction, negotiation, or transaction, often seen in financial services, trade, and distribution channels.
Ultimate Consumer
The end-user or actual buyer who uses or consumes a product or service for personal use, not for resale.
Broker
A person or firm that acts as an intermediary between buyers and sellers, usually for a fee or commission.
- Gain insight into the responsibilities and different forms of intermediaries in distribution channels.
Verified Answer
Learning Objectives
- Gain insight into the responsibilities and different forms of intermediaries in distribution channels.
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