Which of the Following Channel Functions of Wholesalers Is Demonstrated

question 19

Multiple Choice

Which of the following channel functions of wholesalers is demonstrated when a buyer receives quicker delivery because wholesalers are located closer than are producers?

• A) buying and assortment building
• B) financing
• C) transportation
• D) risk bearing
• E) warehousing

Understand the role of disruption in creating and defining new markets or transforming existing ones.

Understand the importance of sample size in data visualization.

Identify methods that can distort impressions in graphical representations.

Recognize how the choice of scale affects the interpretation of graphs.

---

Definitions:

Accounts Receivable Turnover

A financial ratio indicating how quickly a company collects cash from credit sales, calculated over a given period.

Accounts Receivable

Accounts receivable represents the money owed to a company by its customers for goods or services delivered or used but not yet paid for.

Sales

The cumulative amount of money made by a business from selling its goods or services.

Average Collection Period

The average collection period is the average amount of time it takes for a business to receive payments owed by its customers for sales made on credit.