Wholesalers That Carry a Broad Assortment of Merchandise and Perform

question 341

Multiple Choice

Wholesalers that carry a broad assortment of merchandise and perform all channel functions are referred to as _________.

• A)limited-line wholesalers
• B)drop shippers
• C)rack jobbers
• D)specialty merchandise wholesalers
• E)general merchandise wholesalers

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Definitions:

Norms

Shared standards of acceptable behavior within a society or group.

Decision Process

The cognitive process involved in choosing between different alternatives or developing strategies to address a problem or achieve a goal.

Taking Responsibility

The act of acknowledging and accepting the choices one has made, the actions one has taken, and the results they have led to.

Informational Conformity

Refers to the process of conforming to others' behavior under the belief that their interpretation of an ambiguous situation is more accurate.