Today's large and progressive wholesalers have successfully reacted to rising costs by ________.

Question

Quizplus · Accepted Answer

Investing in information technology systems has helped wholesalers to automate processes and streamline operations, reducing costs and increasing efficiency. This has allowed them to be competitive in a market where costs are rising. Relocating or reducing promotional activities may not be sustainable solutions, eliminating brokers and agents may limit their reach in the market, and increasing markup while lowering status of operations may not be a viable long-term strategy.

Today's Large and Progressive Wholesalers Have Successfully Reacted to Rising