Which one of the following institutions involved in a supply chain would take title to the goods it is dealing with?
A) Trucking company
B) Insurance company
C) Market researcher
D) Retailer
E) Public warehouse

Question

Quizplus · Accepted Answer

The retailer is the institution involved in a supply chain that takes title to the goods it is dealing with. This is because the retailer buys from the manufacturer or supplier and then sells to the end customer, taking ownership of the goods in the process. The other options listed (trucking company, insurance company, market researcher, public warehouse) do not typically take ownership of the goods they handle in a supply chain.

Which One of the Following Institutions Involved in a Supply