Examlex
Distribution channels create efficiencies by reducing the number of transactions necessary for goods to flow from many different manufacturers to large numbers of customers.Discuss two ways that they create efficiencies and provide an example of each.
Ethical Relativist
An individual who believes that morality is relative to the norms of one's culture, meaning that what is considered moral in one society may be considered immoral in another.
Central Authority
A central authority is a governing body or administrative organization that has primary responsibility for overseeing a specific area of policy or regulation at a national or international level.
Koran
The holy book of Islam, believed to be the word of God (Allah) as dictated to Muhammad over a 23-year period.
Deontological Approach
A philosophical stance emphasizing duty, where the morality of an action is based on adherence to rules or duties rather than the consequences.
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