Examlex
Identify and state the historical significance of the following:
-Adam Smith
Channel Intermediaries
Firms or individuals such as wholesalers, agents, brokers, and retailers who help move a product from the producer to the consumer or business user.
Financing
The act of providing funds for business activities, making purchases, or investing.
Logistical Function
The activities involved in obtaining, producing, and distributing materials and products in the proper place and condition at the right time.
Channel Intermediaries
Firms or individuals such as wholesalers, agents, and retailers who serve as a link between manufacturers and consumers in the distribution process.
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