Target stores, which resell manufactured goods to consumers in its retail stores would most likely be classified as a(n) _____.

Question

Quizplus · Accepted Answer

Target stores act as a marketing intermediary by reselling manufactured goods to consumers in its retail stores. They do not manufacture the goods themselves and are not a service business or sole proprietorship. The concept of perfect competition does not apply to Target as it refers to a market where there are many small firms competing purely on price.

Target Stores, Which Resell Manufactured Goods to Consumers in Its