Cigarette manufacturer Philip Morris uses the services of Universal Corporation, the world's largest buyer and processor of leaf tobacco, which provides financing for its customers. This means that Universal is a
A) cash-and-carry wholesaler.
B) general merchandise wholesaler.
C) limited-service wholesaler.
D) rack jobber.
E) full-service wholesaler.

Question

Quizplus · Accepted Answer

Universal Corporation provides financing for its customers, which is a service beyond just supplying leaf tobacco. This makes Universal a full-service wholesaler.

Cigarette Manufacturer Philip Morris Uses the Services of Universal Corporation