Wholesalers Add Value to the Distribution Channel by Performing a Number

question 61

Multiple Choice

Wholesalers add value to the distribution channel by performing a number of functions. Which of the following is NOT one of the functions normally performed by wholesalers?

• A) risk- reduction
• B) financing
• C) bulk breaking
• D) warehousing and transportation
• E) buying and assortment building

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Definitions:

Yield To Maturity

The total return expected on a bond if held to its maturity date, taking into account its current market price, interest payments, and face value.

Par Value

The face value of a bond or a stock, representing the amount that will be paid back at maturity for bonds or the nominal value of a stock.

Catastrophe Bond

A high-yield debt instrument designed to raise funds for companies in the insurance industry to cover the risk of natural disasters.

Seine River

A historic river that flows through the heart of Paris, France, and is known for its cultural and economic significance.