_____ Consists of the Multitude of Value-Producing Seller Activities That

question 7

Multiple Choice

_____ consists of the multitude of value-producing seller activities that facilitate exchanges between buyers and sellers.

• A) Operations management
• B) Leasing
• C) Resource planning
• D) Marketing

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Definitions:

Disclosed Principal

A legal relationship in which an agent acts on behalf of a principal, with the third party being aware of the principal’s identity.

Unidentified Principal

A principal in an agency relationship whose identity remains unknown to the third party at the time of the agency transaction.

Commercial Transaction Law

Governs the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.

UAE Civil Code

A set of laws that regulate civil transactions within the United Arab Emirates, covering matters such as contracts, personal status, and property.