Ask Question
BusinessBusiness
17 July, 09:38

Quick Tools, Inc., purchases hammers, bolts, and other hardware items from a variety of manufacturers and sells them to hardware stores at a price that includes a profit for Quick Tools, Inc. The company would be part of what type of business market?

+2
Answers (1)
  1. 17 July, 09:41
    0
    Reseller market

    Explanation:

    The type of market in which a buyer participates to make a profit by selling goods to them is called the re-seller market. This type of market also includes Retailers and wholesalers.

    In the question presented, Quick Tools, Inc. wants to buy hammers, bolts, and other hardware items and resell it by adding his profit, so this is an example of the re-seller market.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Quick Tools, Inc., purchases hammers, bolts, and other hardware items from a variety of manufacturers and sells them to hardware stores at ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Santos Co. is preparing a cash budget for February. The company has $12,000 cash at the beginning of February and anticipates $71,000 in cash receipts and $114,000 in cash disbursements during February.
Answers (1)
Dimon Products' sales are expected to be $5 million this year, with 90% on credit and 10% for cash. Sales are expected to grow at a stable, steady rate of 10% annually in the future.
Answers (1)
Save-the-Earth Co. reports the following income statement accounts for the year ended December 31. Sales discounts $ 890 Office salaries expense 3,400 Rent expense-Office space 2,900 Advertising expense 780 Sales returns and allowances 390 Office
Answers (1)
Betsy Union is the Crane Company manager and her performance is evaluated by executive management based on Division ROI. The current controllable margin for Crane Company is 53000. Its current operating assets total $210000.
Answers (1)
Which would be a likely cause of an increase in the demand for pizza? select one: a. a reduced desire for take-out and fast-food dining b. a decrease in the price of pizza c. an increase in the price of pizza d.
Answers (1)
New Questions in Business
n a company's merit pay program, an individual's compa-ratio represents the individual's pay relative to company's average pay for that position. the individual's worth versus that of others in the organization.
Answers (1)
Some interview questions are designed to rattle you to see how you deal with stress. True or false.
Answers (2)
Organizational culture consists of three levels: Select one: a. assumptions, orientations, and beliefs. b. beliefs, values, and artifacts. c. artifacts, assumptions, and beliefs. d. assumptions, artifacts, and values.
Answers (1)
What term refers to a set amount of money kept in the cash register to make change with? A. Excess cash B. Standard cash stock C. Cash drop D. Cash float
Answers (1)
Torres travel's stockholders' equity at the beginning of march 2014 was $200,000. during the month, the company earned net income of $50,000 and paid dividends of $10,000. at the end of march 2014, what is the amount of stockholders' equity?
Answers (1)
Home » Business » Quick Tools, Inc., purchases hammers, bolts, and other hardware items from a variety of manufacturers and sells them to hardware stores at a price that includes a profit for Quick Tools, Inc.
Sign Up Forgot Password?