Question

a food wholesaler purchases different fruits from local farmers and then sells them to local restaurants and retailers. if the fruits spoil before the wholesaler sells them, it takes the loss. as an intermediary, the wholesaler is performing the function ofmultiple choicemarket research.sorting.risk-taking.channeling.financing.

Answer 1

In the described scenario, the wholesaler acts as an intermediary who takes on the risk of potential loss due to spoilage of the fruits before they can be sold to retailers or restaurants. This function, called risk-taking, is a key aspect of business operations.

Step-by-step explanation:

In the context of a food wholesaler buying fruits from local farmers and selling them to local restaurants and retailers, the wholesaler acts as an intermediary. As the question states, the wholesaler bears the potential risk of the fruits spoiling before being able to sell them to retailers or restaurants. This action of the wholesaler can be classified as risk-taking. It is an essential element of business operations because it balances the supply and demand and ensures that fruits produced are not wasted. This process can be further impacted by the globalization of food, whereby certain products may have to be transported long distances before reaching stores, a practice often operated by transnational corporations.

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