Wholesalers and Retailers Purchase Large Quantities of Goods from Manufacturers

question 106

Multiple Choice

Wholesalers and retailers purchase large quantities of goods from manufacturers but sell only one or a few at a time to many different customers. This process is called ________.

• A) creating assortments
• B) breaking bulk
• C) third-party logistics
• D) order processing
• E) inventory control

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Definitions:

Published Ethical Guidelines

Officially documented principles that outline acceptable conduct and decision-making practices within an organization or profession.

Corporate

Relates to large companies or a group of companies acting as a single entity, especially in terms of legal and regulatory identity.

Ethical Conduct

Refers to the principles and standards that guide behavior in business and professional settings, ensuring fairness, transparency, and integrity.

Professional Values

The fundamental beliefs and principles that guide the behavior and decision-making processes of individuals within a professional context.