Which Wholesaler's Channel Function Is Demonstrated When a Wholesaler Reduces

question 47

Multiple Choice

Which wholesaler's channel function is demonstrated when a wholesaler reduces inventory holding costs and risks to suppliers and customers?

• A)financing
• B)warehousing
• C)transporting
• D)buying and assortment building
• E)bulk breaking

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Definitions:

Heuristic

A mental shortcut that allows people to solve problems and make judgments quickly and efficiently, often using past experiences and common sense.

Decision

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Polya's Four Steps

A problem-solving approach involving four phases: understanding the problem, devising a plan, carrying out the plan, and looking back at the solution process.

Word-Superiority Effect

A phenomenon where words are more easily recognized and processed than isolated letters or non-words.