Products are classified as tangible, intangible, and .

Q: State four kinds of terms of sale. Which one do you prefer and why?

A: The International Chamber of Commerce (ICC) distributes an update for the global business terms;…

Q: What are the rules regarding the sale of goods by auction under the Sale of Goods Act?

A: The sale of goods by auction is a unique method of conducting transactions, where goods are sold to…

Q: What are the different types of packaging materials commonly used in the food industry?

A: Packaging is the process of designing, creating, and enclosing products or items in materials or…

Q: Identify the two types of warehouses, andexplain their function

A: A warehouse is a commercial building generally used for storage of goods and warehousing is the…

Q: Why should a corporation take measures during commercial operations?

A: Success in the corporate world depends not only on strategic decision-making and good execution, but…

Q: Explanation of the importance of commodity extension and refinement

A: Enlargement and commodity refining are methods for sales and the development of a serious demand for…

Q: DiscusS procurement models and the conditions under which each modelic well

A: Procurement is an act of sourcing or obtaining services or goods for a business from another…

Q: Discuss the activities that influence supply logistics

A: It goes without saying that supply chain management has made it possible for timely deliveries,…

Q: Define the concepts supply chain and logistics and depict the differences between supply chain and…

A: Small Introduction About Logistics   Logistics alludes to the complete preparation of controlling…

Q: State the activities that warehousing includes.

A: Warehouses are storage facilities used by businesses to protect their products and raw materials…

Q: Explain the term Brokers and agents?

A: A broker is a person or firm that performs as a mediator between an investor and a securities…

Q: Retailing includes all activities involved in the Multiple Choice

A: Retailing is the process of breaking the bulk product into small quantities and selling it to…

Q: Giving examples, distinguish between the traditional and contemporary purchasing structures

A: Purchasing plays an important role in the operational functioning of any business. Purchasing is…

Q: What are the services provided by transaction managers?

A: The transaction manager is liable for making exchange protests and dealing with their strength and…

Q: Discuss what are mutually exclusive alternative?

A: Simultaneously only possibilities are mutually constraining. Each of these might be incorporated…

Q: Select and explain a distribution channel

A: A distribution channel can be defined as an intermediary through which the goods and services of the…

Q: Why should a corporation take measures during commercial operations?

A: Businesses are intricate organizations that need a variety of security measures when operating daily…

Q: In which field a technical salesperson should be formally educated?

A: A salesman is  basically someone whose duty it is to sell the goods or services. Sales rep is…

Q: Describe the formalization stage and its crisis

A: Formalization Stage: It is the stage of the organization cycle in which there is a number of rules…

Q: Differentiate between the traditional model of buyer-seller relationships and the collaborative…

A: Buyer-Seller Relationship: A buyer is an individual that purchases goods and services to fulfill…

Q: identify and explian one main gap of coca cola between manufactures and customers in which the coca…

A: The objective of this question is to identify a key gap in the supply chain of Coca Cola,…

Q: Explain how business products are classified

A: Business owners enters into the market to serve the customers needs, meet the existing deficiency or…

Q: Provide an overview of the various types of packaging materials commonly used in the consumer goods…

A: Packaging materials are essential components of the consumer goods industry, serving to protect…

Q: Agents and brokers: a) take the title, assume risk and generally are involved in buying and…

A: Business law is the aspect of the law that describe all the rules, regulation, and, laws that are…

Q: Describe the two major types of independentwholesaling intermediaries and theappropriate situations…

A: Intermediaries- An individual or organization that undertakes the role of linkage or mediators…

Q: What is the basic function of packaging materials?

A: The container or wrapper that holds a product or group of products is called packaging. Most…

Q: Explain what is normal distribution and why is it important

A: Normal distribution, also known as Gaussian distribution, is a type of continuous probability…

Q: Discuss the factors the influence choice of materials handling systems

A: The objective of this question is to understand the various factors that influence the choice of…

Q: Explore the innovations in sustainable packaging materials and their potential to reduce…

A: The environmental issues related to conventional packaging are now being addressed by the…

Q: What are the various types of warehousing should be used to store the products explain?

A: A warehouse is where business stores finished goods or raw materials that can be resold. The…