_______________ Thinking-Also Known as Critical Thinking-Is the Process of Gathering

question 24

Short Answer

_______________ thinking-also known as critical thinking-is the process of gathering information,analyzing it in different ways,and evaluating it for the purpose of gaining understanding,solving a problem,or making a decision.

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Definitions:

Merchant Wholesaler

An intermediary entity that buys goods in bulk from manufacturers to resell them to retailers or other buyers, typically without modifying the goods.

Utilities Offered

Basic services provided to consumers and businesses, such as water, electricity, gas, and telecommunications.

Retailers

Retailers are businesses that sell goods or services directly to consumers, acting as the final link in the supply chain from manufacturers to consumers.

Value of Retailing

The perceived benefit that shoppers get from the retail experience, including product selection, quality, convenience, and customer service.