Direct Energy Selling Utilities Contracts, Door to Door Is an Example

question 132

Multiple Choice

Direct Energy selling utilities contracts, door to door is an example of which type of marketing channel?

• A)marketing channel
• B)indirect channel
• C)strategic channel alliances
• D)direct channel

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Definitions:

Efficient Production

The process of producing goods or services in a way that minimizes waste and maximizes the use of resources.

Circular-flow Diagram

An economic diagram that traces the path of monetary transactions between markets, involving both households and business entities.

Production Possibilities Frontier

A curve that illustrates the maximum feasible amount of two goods that can be produced with given resources and technology.

Opportunity Cost

The financial setback of forgoing the next highly regarded alternative when determining a course of action.