If Retailers Did Not Perform the Sorting Process,_____

question 68

Multiple Choice

If retailers did not perform the sorting process,_____.

• A)final consumers would have to visit multiple manufacturers to purchase their needs
• B)final consumers would be more powerful in the channel of distribution
• C)distribution channels would be more likely to be vertically integrated
• D)manufacturers would have improved cash flow

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Definitions:

Deposits

Funds placed into banking institutions for safekeeping. These can be made into various types of accounts including savings, checking, and money market accounts.

Effective Rate

The actual interest rate an investor receives after the effects of compounding interest are taken into account.

Compounding Interval

The period of time at the end of which interest is added to the principal balance of an investment or loan.

Interest

The charge for borrowing money or the return on invested capital, generally expressed as a percentage rate.