Which of the Following Is an Advantage of Using an Industrial

question 177

Multiple Choice

Which of the following is an advantage of using an industrial distributor?

• A) These firms are easy to control because they work directly for the producers.
• B) Inventory holding costs are minimized because they can store inventory very cheaply.
• C) They are closer geographically to all of the producers' customers.
• D) They possess a high level of technical knowledge about their products.
• E) They help reduce a producer's financial burdens by extending credit to customers.

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Definitions:

Concrete Operational

A stage in Piaget's theory of cognitive development where children aged 7 to 11 start thinking logically about concrete events.

Preoperational

A stage in Piaget's theory of cognitive development, where children from about 2 to 7 years old engage in symbolic play but lack logical reasoning.

Preconventional

The first level in Kohlberg's theory of moral development where moral reasoning is based primarily on the consequences of actions and on the benefits to the self.

Formal Operational

A stage in Piaget's theory of cognitive development where individuals can think abstractly and systematically solve problems.