In the context of small businesses, which of the following is true of retailers?
A) They are concerned with people who come to, or are drawn into, the store to make a purchase.
B) They emphasize selling products through intermediaries to the ultimate consumer.
C) They convert, usually in considerable volume, materials into products.
D) They bring the buyer and seller together to negotiate purchases or sales but do not take title to, or possession of, the goods.

Question

Quizplus · Accepted Answer

Retailers are focused on selling to individuals who come into the store, whether it be bricks-and-mortar or online. They generally do not sell through intermediaries and are not involved in the production or manufacture of goods. They take title to and possession of the goods they sell, and their primary concern is making sales to the end consumer.

In the Context of Small Businesses, Which of the Following