Question

Southern pine lumber is visually inspected and placed into categories like "Select Structural," "No. 1," and "No. 2." These categories reflect characteristics of the wood and are related to its suggested uses. This rating system is most closely related to which facilitating function activity performed by marketing intermediaries?
A. gradingB. sortingC. risk-takingD. marketingE. assorting

Answer 1

Answer:

The answer in this case would be option A. given in the answer choices or Grading.

Explanation:

• In a general sense, grading is a process of organizing or ranking various items based on certain criteria or characteristics.
• In this instance,notice that the pine lumbers are visually inspected and processed or organized on the basis of their respective characteristics and use or utilization. The classification of the lumbers include "No1", No.2" or "Select Structural" etc. which signifies some kind of ranking based on the specified criteria or conditions.
• Hence, such type of classification system of items or commodities is usually considered as ranking or grading.