Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter 15.2, Problem 2TP
Summary Introduction

To determine: The reason for the need of intermediaries and the way in which intermediaries create exchange efficiency.

Introduction:

The intermediaries refer to those organizations or people who help in the movement of goods and services in a business. They provide assistance in the progress of goods from manufacturers to the business and from the business to consumers.

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