Maintaining Inventory on Behalf of a Manufacturer Is an Example

question 2

True/False

Maintaining inventory on behalf of a manufacturer is an example of a facilitating function of intermediaries.

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Definitions:

Austrian Physician

Likely refers to Sigmund Freud, the founding father of psychoanalysis, though there are many other notable Austrian physicians.

Wilhelm Wundt

Wilhelm Wundt was a German physiologist, philosopher, and professor, known as one of the founders of modern psychology, who established the first psychology laboratory at the University of Leipzig in 1879.

Humanistic Psychology

Humanistic psychology is an approach to psychology that emphasizes individual potential for growth and the importance of self-actualization and psychological well-being.

Cognitive Psychology

The branch of psychology that studies mental processes including how people think, perceive, remember, and learn.