We Are More Likely to Be Happy If We Have

question 32

Multiple Choice

We are more likely to be happy if we have a close friend living within a mile,but this requirement may be changing due to which of the following?

• A) lower fuel prices
• B) social media forums and smartphones
• C) increased variety of at-home entertainment
• D) "Millennial generation" focus on self

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Definitions:

Full-Line Wholesalers

Businesses that provide a complete range of goods within a specific sector.

Channel Functions

The roles and activities performed by intermediaries within a distribution channel to move products from producers to consumers.

Rack Jobbers

Distributors who place products in stores on consignment and retain ownership of the products while managing inventory and setup.

Limited-Service

Describes businesses or offerings that provide a smaller range of services compared to full-service counterparts, often to specialize or reduce costs.