Which of the Following Is a Function of Marketing Channel

question 9

Multiple Choice

Which of the following is a function of marketing channel members?

• A) They attain economies of scale for producers through specialization and division of labor.
• B) They aid downstream producers in marketing.
• C) They aid retailers in creating time,place,and exchange utility for customers.
• D) They attain economies of scale through minimum interaction with suppliers.

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Definitions:

Strategic Marketing Process

A deliberate approach aimed at creating and implementing effective marketing strategies that align with a company’s overall goals and drive competitive advantage.

Visionary Organization

An organization characterized by its forward-thinking approach and strategic planning to innovate and shape its future industry or sector.

Marketing Environment

Consists of the internal and external factors that affect a company's marketing strategies, including economic, technological, sociocultural, and regulatory forces.

Mission Statement

A concise statement that defines the goals, ethics, culture, and fundamental purpose of an organization or company.