Question

Item 11Item 11Carolyn McGee wants to get into fashion merchandising. Because of the risks involved in high fashion, and how quickly fashions go out of date, Carolyn doesn't want to start a company in which she has title to the clothing. Carolyn will have to rule out which of the following middleman classifications in her choice of business

Answer 1

Answer:

MERCHANT WHOLESALER.

Explanation:

Middlemen are the link between the manufacturer and the retailer. They are of two types: the merchants and the agents.

A merchant wholesaler is an independent marketing middleman, who buys goods in large quantities from the manufacturer and resells to retailers (resells to consumers) or industrial users. A merchant wholesaler takes title to the goods.

Since, Carolyn doesn't want to start a company in which she has title to the clothing, she can consider being an agent or a broker because merchant wholesalers take title to the products.

Therefore, the middlemen classification Carolyn will have to rule out is MERCHANT WHOLESALER.