A large farming cooperative that focuses on the production of fruits and vegetables uses a business that sells the farmers' products in foreign countries and also provides consulting, insurance, legal assistance, and warehousing to the cooperative. This business would most likely be called a(n)
A) trading company.
B) export specialist.
C) contract wholesaler.
D) licensor.
E) strategic partner.

Question

Quizplus · Accepted Answer

A trading company is a business that buys and sells goods, usually across international borders. Based on the scenario, the business mentioned not only sells the farmers' products in foreign countries but also provides additional services such as consulting, insurance, legal assistance, and warehousing to the cooperative. Therefore, the business is most likely a trading company. The other options (B, C, D, E) do not encompass all of the activities described in the scenario.

A Large Farming Cooperative That Focuses on the Production of Fruits