To a Producer of Goods,a Greater Number of Channel Levels

question 143

Multiple Choice

To a producer of goods,a greater number of channel levels means and greater channel complexity.

• A)less distance between producer and end consumer
• B)less control
• C)higher taxes
• D)fewer channel partners
• E)fewer potential ideas

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Definitions:

Competition

The rivalry among businesses to attract customers and achieve higher sales, profits, and market share.

Product Lifecycle Management

The process of managing the entire lifecycle of a product from inception, through engineering design and manufacture, to service and disposal.

Product Design

is the process of creating a new product to be sold by a business to its customers, focusing on specifications, functionality, appearance, and usability.

Modular Assemblies

Components that are produced separately but designed to be integrated with other modules to form a complete product.