The materials and ingredients used in producing the product are obtained from other companies that are referred to as the producer's ________.

Question

Quizplus · Accepted Answer

Suppliers or vendors are the companies from where materials and ingredients are obtained by the producer to produce the final product. Marketers are individuals or companies that promote and sell the product. Distributors or retailers are companies that sell the final product to the end-user. Agencies are companies that provide services such as advertising or public relations. Exchangers is not a relevant term in this context.

The Materials and Ingredients Used in Producing the Product Are