Answer:
As a Medium of Exchange
Explanation:
The four functions of money are:
- As a Medium of Exchange
- As a Measure of Value
- As a Store of Value
- As a standard of Deferred Payment.
As a Medium of Exchange
Money as a medium of exchange has its most important role of facilitating the exchange of goods and services. Hitherto before the advent of money. Trade by Barter was the only means of conducting transactions. The use of money in the exchange of gods and services solved the major difficulty encountered with the barter system, which his "Double coincidence of wants".
Money by performing its most traditional role is accepted by all irrespective of whether they need each others good or services.
However to fulfill this role or function, Money has to be generally acceptable, portable, divisible, durable, stable in value and homogeneous.
Inefficient operations may lead to blank.
Improper planning can range from a forget of resource deficiencies or redundancies, both on the way to produce an inefficient operation, or wrong making plans can be neglecting to organize operational contingencies need to trouble stand up.
Operational efficiency is gained thru a company by way of fee-efficiently streamlining its base operations at the same time as disposing of redundant techniques and waste.
Typically, this is executed by way of specializing in useful resource usage, production, inventory control, and distribution.
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It will be vertical, because the quantity demanded (x axis) will stay the same regardless of the increase or decrease in price on the y axis.
<span>Regarding distribution channels, the channel process includes all activities, beginning with the manufacturer and ending with the final consumer. When products are developed the main goal is to get them into the hands of the consumer, the person making the purchase. Each channel is responsible for an individual task with the end goal being the same. </span>