A Distribution Channel Is More Than a Collection of Firms

question 115

Multiple Choice

A distribution channel is more than a collection of firms connected by various flows;it is a(n) ________ in which people and companies interact to accomplish individual,company and channel goals.

• A)added value chain
• B)complex behavioural system
• C)corporate marketing system
• D)vertical marketing system
• E)multichannel system

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Definitions:

Condition Subsequent

A condition in a contract that, if it occurs, terminates an already established right or obligation.

Tender

refers to the offer of payment of money or the performance of an obligation in order to discharge a debt or fulfill a contract.

Offering

The process or act of presenting something for acceptance, consideration, or use, such as a financial instrument or a proposal.

Discharge by Performance

The termination of a contractual obligation when both parties fulfill their respective duties as agreed in the contract.