What type of organization is licensed to manage the buying and selling of goods using a licensed broker?

The correct answer, commodity exchange, refers to a regulated market where various commodities are traded. These exchanges serve as a platform for buying and selling goods, such as agricultural products, metals, and energy resources, through licensed brokers who facilitate transactions between buyers and sellers. By providing standardized contracts and transparent pricing, commodity exchanges enable more efficient trading and can help stabilize prices for commodities.

Other organizations listed do not fulfill this role. A farmers market directly connects local producers to consumers, but it does not involve a licensed broker managing trades. An investment bank primarily deals with financial markets and provides advisory services, but it does not typically facilitate the buying and selling of physical goods in the way that a commodity exchange does. A corporate venture focuses on funding and supporting new business initiatives rather than managing a marketplace for buying and selling goods. Thus, the structure and function of a commodity exchange clearly distinguish it as the correct choice for this question.