In a Conventional Distribution Channel,no Channel Member Has Much Control

question 109

True/False

In a conventional distribution channel,no channel member has much control over the other members,and no formal means exists for assigning roles and resolving channel conflict.

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Definitions:

Check Conversion

The process by which a paper check is transformed into an electronic payment, speeding up the transaction process and reducing the need for physical handling of the check.

Automated Clearing House

An electronic network for financial transactions, used for the transfer of funds between bank accounts, including direct deposits and bill payments.

Source Documentation

The original records and documents related to a study, project, or transaction, serving as evidence for claims and conclusions.

Fraudulent Misstatements

False or misleading statements made intentionally to deceive others.