Why Is It Important for Manufacturers to Be Sensitive to the Needs

question 81

Multiple Choice

Why is it important for manufacturers to be sensitive to the needs of their dealers?

• A)Dealer support is essential to creating value for the customer.
• B)Manufacturers have few legal rights.
• C)Manufacturers cannot break commitments to channel.
• D)Dealers can easily be replaced by third- party logistics providers.
• E)Dealers have few legal rights.

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Definitions:

Full Employment

A situation in an economy where all available labor resources are being used in the most efficient way possible, typically reflected by the absence of cyclical unemployment.

Keynes

Relates to John Maynard Keynes, a UK-based economist whose notions significantly altered macroeconomics theory and the financial policies of governments.

Aggregate Supply

The aggregate amount of products and services that companies within an economy intend to offer for sale over a given period.

Aggregate Demand

The total demand for all goods and services within a particular market or economy at a given overall price level and time.