________ Includes All the Activities Involved in Selling Products or Services

question 24

Multiple Choice

________ includes all the activities involved in selling products or services directly to final consumers for their personal, nonbusiness use.

• A) Franchising
• B) Retailing
• C) Brokering
• D) Wholesaling
• E) Disintermediation

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Definitions:

Line Authority

Authority to make decisions about production, performance, and people.

Organizational Policies

Guidelines and rules developed by an organization to govern its actions and decision-making processes, ensuring consistency and compliance.

Grievance Handling

The process used by unions and employers to address complaints from employees regarding work conditions, contract violations, or other workplace issues.

Chartered Professional

A designation given to qualified members of professional bodies that meet certain criterion of competence and ethics.