Which of the following characteristics do merchandisers have?
i. They trade in physical products.
ii. They do not hold inventories.
iii. They purchase goods for resale.
iv. Their outputs have low customisation.

A) All the given answers
B) i, ii and iii
C) i, iii and iv
D) ii, iii and iv

Question

Darren Nocetti · Accepted Answer

Final Answer : C, Explanation :  Merchandisers trade in physical products, purchase goods for resale, and their outputs have low customization. However, they typically hold inventories, so option ii is not true. Thus, the best choice is option C, which includes i, iii, and iv.

Which of the following characteristics do merchandisers have?
i. They trade in physical products.
ii. They do not hold inventories.
iii. They purchase goods for resale.
iv. Their outputs have low customisation.

A) All the given answers
B) i, ii and iii
C) i, iii and iv
D) ii, iii and iv

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Learning Objectives

Learning Objectives

Related questions

Which of the following characteristics do merchandisers have?i. They trade in physical products.ii. They do not hold inventories.iii. They purchase goods for resale.iv. Their outputs have low customisation.A) All the given answersB) i, ii and iiiC) i, iii and ivD) ii, iii and iv

Definitions

Learning Objectives

Learning Objectives

Related questions

Which of the following characteristics do merchandisers have?
i. They trade in physical products.
ii. They do not hold inventories.
iii. They purchase goods for resale.
iv. Their outputs have low customisation.

A) All the given answers
B) i, ii and iii
C) i, iii and iv
D) ii, iii and iv