Laws Refer to

question 162

Multiple Choice

Laws refer to

• A)a specific set of behaviors a given society considers to be ethical.
• B)society's values and standards that are enforceable in the courts.
• C)the agreed upon codes of behavior for a given nation,community,religious group,or family.
• D)written documentation of a prescribed set of attitudes,beliefs,and values.
• E)a code of ethics that defines both what may be done in specific business circumstances.

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Definitions:

Wholesaler

A type of business that buys goods in large quantities directly from manufacturers or distributors and resells them to retailers or other businesses.

Retail Distribution Center

A specialized facility that handles the storage and distribution of goods to retail stores or directly to customers, often involving inventory management, order fulfillment, and transportation logistics.

Manufacturer's Representative

An individual or business that sells a manufacturer's products to wholesale and retail customers, but does not take ownership of the goods.

Marketing Channel

Pathways and intermediaries involved in the process of moving a product or service from the producer to the consumer.