What Are the Various Nonstore Purchase Modes? Mention the Advantages

question 35

Essay

What are the various nonstore purchase modes? Mention the advantages of each.

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Definitions:

Ecological Issues

Concerns related to the impact of human activities on the environment, including pollution, loss of biodiversity, and climate change.

External Costs

Costs not borne by the producer or consumer of a good or service, but rather by third parties or the environment, often not included in the price of the good or service.

Hidden Environmental Cost

The indirect environmental impact and expenses not immediately apparent or accounted for in the pricing of goods and services.

Oil-Spill Clean Up

Oil-spill clean up involves the methods and technologies used to remove or mitigate the effects of oil spills in the environment, focusing on preserving marine and coastal ecosystems.