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

question 89

Multiple Choice

Intermediaries perform facilitating function activities,which assist producers in making products 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:

Work Breakdown Structure

A hierarchical decomposition of a project into smaller components or tasks, making it easier to manage and execute.

Step Change

A significant and sudden change in performance or productivity, typically for the better.

Ballpark Estimate

An approximate calculation or guess made with limited information, usually at an early stage to provide a rough idea of the expected cost or extent of a project or task.

Project Execution Plan

A document outlining the strategy, resources, and processes to be used in carrying out a project.