By Buying in Large Quantities and Delivering to Customers in Smaller

question 140

Multiple Choice

By buying in large quantities and delivering to customers in smaller lots, a wholesaler may perform all of the following physical distribution activities except

• A) inventory planning.
• B) transportation.
• C) materials handling.
• D) unit pricing.
• E) communication.

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Definitions:

Par-value Share

A stock with a face value as specified in the corporate charter beyond which it cannot be sold upon initial offering.

Non-par-value Share

Shares issued without a nominal or face value, with their selling price determined by the market or by the issuing company.

Distinguish

To recognize or treat as different; to make a clear separation between two or more things.

Share

The means of acquiring funds from a large number of sources to run a corporation; an interest in a corporation held by an investor.