Intermediaries Perform Facilitating Function Activities,which Assist Producers in Making Goods

question 273

Multiple Choice

Intermediaries perform facilitating function activities,which assist producers in making goods and services more attractive to buyers.These activities include

• A) producing, assembling, and distributing.
• B) transportation and distribution.
• C) buying, selling, and risk taking.
• D) assorting, sorting, and storing.
• E) financing, grading, and marketing information and research.

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Definitions:

Appealing

Having an attractive or interesting quality that draws attention or desire.

Traditional Communications Model

A classic framework in communications studies that outlines the process of transmitting a message from a sender to a receiver through a medium.

First-order Response

A basic, immediate reaction to a stimulus or situation, often used in the context of systems or psychological reactions.

First-order Response

An immediate reaction or reply to a stimulus or situation without involving deeper processing or analysis.