Introducing One Intermediary into a Channel Can Contribute to Greatly

question 33

Multiple Choice

Introducing one intermediary into a channel can contribute to greatly _______________ that are necessary to complete an exchange.

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

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Definitions:

Operating Activities

Activities that constitute the primary or main activities of a business, directly related to its operations and core business activities.

Net Income

The net income a company earns following the deduction of all expenses and taxes from its total revenues.

Indirect Method

A technique used in cash flow statements to reconcile net income with cash flow from operating activities, by adjusting non-cash transactions and changes in working capital.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues.