Distribution Programming May Be Defined As

question 29

Multiple Choice

Distribution programming may be defined as:

• A) The use of the computer in channel management.
• B) The use of many different types of cooperative programs.
• C) A comprehensive program for the promotion of a product through the channel.
• D) A contracted channel system.
• E) An agreement to distribute products in all of a retailer's stores.

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Definitions:

Comparative Advantage

A principle in international trade that suggests a country should export goods in which it is more efficient and import those in which it is less efficient, compared to other countries.

Opportunity Cost

The act of selecting one alternative leads to the loss of possible gains that could have been obtained from other options.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than others, leading to more efficient trade possibilities.

Absolute Advantage

The ability of a country or entity to produce a good more efficiently (using fewer resources) than another country or entity.