Intermediaries Engage in ________________ When They Accumulate Products from Several

question 6

Multiple Choice

Intermediaries engage in ________________ when they accumulate products from several sources and then make those products available down the channel as a convenient assortment for consumers.

• A)Creating assortments
• B)Reducing transactions
• C)Transportation and storage functions
• D)Facilitating functions
• E)Disintermediation

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Definitions:

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives to achieve a desired goal.

Social Power

The ability of an individual or group to influence or control the actions, beliefs, or behavior of others in a social context.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, outlining a five-tier model of human needs, from basic (physiological) to higher needs (self-actualization).

Esteem Needs

A human motivational need, as identified by Maslow, involving respect, self-esteem, status, recognition, and freedom.