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Multiple Choice QuestionTarget and Kohl's are considered to be Blank______ because they buy products from manufacturers or other intermediaries and sell them to consumers for home and household use.Multiple choice question.producersretailersmanufacturerswholesalers

Question

Multiple Choice QuestionTarget and Kohl's are considered to be Blank______ because they buy products from manufacturers or other intermediaries and sell them to consumers for home and household use.Multiple choice question.producersretailersmanufacturerswholesalers

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Solution

The correct answer is "retailers".

Step by Step Explanation:

  1. Producers: These are the entities that create or produce the goods. In this case, Target and Kohl's do not produce the goods, they sell goods produced by others.

  2. Retailers: These are entities that sell goods directly to consumers. Target and Kohl's fit into this category as they buy products from manufacturers or other intermediaries and sell them directly to consumers for home and household use.

  3. Manufacturers: These are entities that convert raw materials into finished goods. Target and Kohl's do not manufacture the goods, they sell goods manufactured by others.

  4. Wholesalers: These are entities that buy goods in bulk from manufacturers and sell them in smaller quantities to retailers. Target and Kohl's are not wholesalers as they do not sell to other businesses but directly to consumers.

Therefore, Target and Kohl's are considered to be retailers.

This problem has been solved

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