Question: ANSWER ASAP PLEASE!!!!! TYPE OF FUNCTION ACTIVITIES RELATED TO FUNCTION - Assorting: Creating product assortments from several sources to serve customers - Storing: Assembling and
ANSWER ASAP PLEASE!!!!!

TYPE OF FUNCTION ACTIVITIES RELATED TO FUNCTION - Assorting: Creating product assortments from several sources to serve customers - Storing: Assembling and protecting products at a convenient location to offer better customer service - Sorting: Purchasing in large quantities and breaking into smaller amounts desired by customers - Transporting: Physically moving a product to customers - Financing: Extending credit to customers - Grading: Inspecting, testing, or judging products and assigning them quality grades - Marketing information and research: Providing information to customers and suppliers. including competitive conditions and trends - Buying: Purchasing products for resale or as an agent for supply of a product - Selling. Contacting potential customers, promoting products, and seeking orders - Risk toking: Assuming business risks in the ownership of inventory that can become obsolete or deteriorate Figure 15-2 Intermediaries perform three basic functions. In Figure 15-2 above, Box A represents function. Multiple Choice a transactional a middleman an operational a logistical
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
