European Style Furniture (ESF), headquartered in New York, acquires fine furniture from several high-quality manufacturers in Europe and enjoys exclusive distribution rights from them to sell to furniture stores throughout the United States. In this context, ESF is most likely classified as a (n)

Question

Business

Gabriel Bailey

30 April, 21:49

European Style Furniture (ESF), headquartered in New York, acquires fine furniture from several high-quality manufacturers in Europe and enjoys exclusive distribution rights from them to sell to furniture stores throughout the United States. In this context, ESF is most likely classified as a (n)

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Answers (1)

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Ariana Bond · Answer 1

reseller

Explanation:

Based on the information provided within the question it can be said that in this context, ESF is most likely classified as a reseller. This refers to a company, business, or individual who purchases goods from other individuals or business with the sole purpose or selling them at a higher price for profit, as opposed to consuming those goods. Which is exactly what ESF is doing with the furniture it purchases.