Examlex
The PAP's coverage territory is the USA, Puerto Rico, U.S. Territories and Possessions, and countries bordering the USA.
Marketing Channel
A marketing channel consists of the individuals, organizations, and activities necessary to transfer the ownership of goods from the point of production to the point of consumption.
Basic Product
The essential features or the core benefit that a consumer receives from a product, excluding any additional features, branding, or packaging.
Vertical Marketing Systems
Professionally managed and centrally coordinated marketing channels designed to achieve channel economies and maximum marketing impact.
Contractual
Relating to, secured by, or involving an agreement between two or more parties, especially one enforceable by law.
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