Once an Organization Has Developed Its Distribution Objectives,it Should Next

question 100

Multiple Choice

Once an organization has developed its distribution objectives,it should next _.

• A)determine a distribution budget
• B)select the optimum number of channel levels
• C)evaluate the internal and external environments
• D)define the target market and articulate the market segmentation strategy
• E)identify the channel leader

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Definitions:

Retail Inventory Method

An accounting technique used to estimate inventory value by converting retail prices to cost prices.

Cost To Retail Ratio

A method to estimate the value of ending inventory and cost of goods sold based on the ratio of cost to the retail price of goods.

Ending Inventory

The cost of items on offer at the close of an accounting term.

FIFO

"First-In, First-Out," an inventory management and valuation method where the earliest goods acquired are the first sold or used.