Tech Games,a Retailer,purchases Many of the Video Games DVDs,Wii Games,and

question 8

Multiple Choice

Tech Games,a retailer,purchases many of the video games DVDs,Wii games,and game consoles on a large scale.It then offers the products to customers in small quantities based on their requirements.The value-creating function performed by Tech Games in the given scenario is _____.

• A) providing assortments
• B) breaking bulk
• C) holding inventory
• D) providing services
• E) creating a retail mix

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Definitions:

Percentage Change

A mathematical calculation that represents the degree of change over time as a proportion of the original value, often used to measure growth or decline.

GDP Deflator

A gauge for pricing of all new, native-produced, conclusive goods and services within an economy, applied to revise nominal GDP in order to compute real GDP.

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by a country in a specific period in real terms.

Percentage Change

A mathematical calculation that determines the degree of change over time as a proportion of the original value, often used to measure growth or decline in economic data.