Soliciting Orders and Assuming Business Risks in the Ownership of Inventory

question 13

Multiple Choice

Soliciting orders and assuming business risks in the ownership of inventory that can become obsolete or deteriorate pertain to the _____ of a marketing intermediary.

• A)logistical function
• B)facilitating function
• C)transactional function
• D)grading function

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Definitions:

Social Changes

Transformations or evolutions in the behaviors, cultural values, norms, and social structures within a society over time.

Distinct Stages

Distinct stages refer to separate or clearly differentiated phases within a process or development sequence.

Developmental Process

The sequence of physical, psychological, and emotional changes that occur in human beings from birth to the end of life.

Sequence

An ordered series of events, actions, or items, often following a particular arrangement.