When Producers and Ultimate Consumers Deal with Each Other One-On-One,it

question 141

Multiple Choice

When producers and ultimate consumers deal with each other one-on-one,it is referred to as a(n)

• A)strategic channel alliance.
• B)marketing channel.
• C)direct channel.
• D)indirect channel.
• E)dual distribution channel.

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Definitions:

Angel Funding

Investment in a startup company by affluent individuals, typically in exchange for ownership equity or convertible debt.

Venture Capital

Financing provided by investors to startups and small businesses with potential for long-term growth.

Business's Weaknesses

Internal factors and characteristics that limit a business's ability to achieve its objectives and reduce its competitive edge.

Simple Business Plan

A straightforward, concise document outlining the core aspects of a business, including objectives, strategies, and financial forecasts.