Financing,market research,risk-taking,and other services are considered to be _______________.

Question

Quizplus · Accepted Answer

Financing, market research, risk-taking, and other services are considered to be facilitating functions because they support and enable the other business functions and activities to occur. These facilitating functions are not directly related to the physical movement or storage of goods, such as transportation and storage functions, or the management of inventory, such as inventory management functions. They also do not involve the transactional aspect of business operations, such as transaction and communication functions, or the elimination of intermediaries, such as disintermediation functions.

Financing,market Research,risk-Taking,and Other Services Are Considered to Be _______________