When wholesalers transport and stock products in inventory,they accept the possibility of spoilage,theft,or obsolescence.This function performed by the wholesaling intermediary is referred to as _____.

Question

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Risk taking refers to the role of wholesalers in accepting the risk of spoilage, theft, or obsolescence as they transport and hold inventory. This is an important function that allows manufacturers to focus on production while wholesalers manage the risks and costs associated with holding inventory. Selling, analyzing, and financing are other functions that wholesalers may perform, but they do not directly relate to the risk-taking aspect of their role.

When Wholesalers Transport and Stock Products in Inventory,they Accept the Possibility