The Value-Creating Retail Activity That Is Particularly Important to Consumers

question 52

Multiple Choice

The value-creating retail activity that is particularly important to consumers with small living quarters who cannot store a large quantity of products is

• A) providing assortments.
• B) breaking bulk.
• C) holding inventory.
• D) providing services.
• E) consumerization.

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Definitions:

Distribution Portals

Web-based platforms that allow for the distribution and management of content or products across various distribution channels.

Business Processes

Refers to a series of tasks or activities that are conducted by a group or an organization to achieve a specific goal.

Extranets

Private networks that allow controlled access to external users, enabling secure collaboration and information sharing with partners, suppliers, or customers.

Collaboration

The act of working together with others to achieve a common goal or task, often involving sharing knowledge, learning, and building consensus.