Raebin Xi, a Stock Management Firm, Implemented a New Rule

question 49

Multiple Choice

Raebin Xi, a stock management firm, implemented a new rule that allows its clients to have better clarity and knowledge about the firm's core functions and methods of operation. Identify the dimension of the social environment that this scenario exemplifies.

• A) Age
• B) Income
• C) Ethics
• D) Diversity

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Definitions:

Single Distribution Network

A centralized distribution method where all products are delivered from a single facility or warehouse to all consumers or retailers.

Niche Companies

Businesses that target and serve a specific segment of the market, often focusing on unique needs and preferences.

Local Storage

Refers to the retention of data directly on a client's device, such as a computer or smartphone, allowing for quicker access and reduced dependency on internet connectivity.

Inventory Costs

The total expenses associated with holding and managing inventory, including storage, insurance, and obsolescence.