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A Retailer That Takes a Loss on Perishable Items That

question 125

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A retailer that takes a loss on perishable items that do not sell before their expiration date is an example of the ________ function provided by channel intermediaries.


Definitions:

Five-factor Model

A model proposing that five broad dimensions underlie all human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Conscientiousness

An attribute in an individual's character that involves being structured, dependable, and possessing a serious dedication to duties.

Dependable

Capable of being relied on; trustworthy or reliable.

Conscientiousness

A quality in a person that includes being orderly, trustworthy, and having a deep commitment to obligations.

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