Tech Games, a Retailer, Purchases of the Video Games and Game

question 68

Multiple Choice

Tech Games, a retailer, purchases of the video games and game consoles on a large scale. It then offers the products to customers in single quantities. The value-creating function performed by Tech Games in the given scenario is

• A) providing assortments.
• B) breaking bulk.
• C) holding inventory.
• D) providing services.
• E) creating a retail mix.

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Definitions:

Group Polarization

The enhancement of a group’s prevailing inclinations through discussion within the group.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Mimicking

Mimicking involves imitating or copying someone else's actions, speech, or expressions, often as a way to learn, fit in, or as a form of social interaction.

Natural Mimicry

The adaptive resemblance of one species to another, which provides protection or other advantages in the natural environment.