Maintaining Inventory and Protecting Goods of Manufacturers Is an Example

question 17

Multiple Choice

Maintaining inventory and protecting goods of manufacturers is an example of a function of intermediaries.

• A)promotional
• B)facilitating
• C)risk taking
• D)logistical
• E)transactional

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Definitions:

Natural Force

These are elements of nature that can have profound effects on human activities and the environment, such as earthquakes, hurricanes, or solar radiation.

Social Responsibility

The obligation of individuals, organizations, and businesses to act for the benefit of society at large, focusing on ethical behavior and societal well-being.

Government Contract

A legally binding agreement between a business and a government agency to provide goods or services in exchange for payment.

Local United Way

refers to a community-based branch of the United Way, a nonprofit organization that collaborates with volunteers and local charities to address community needs.