Channel Intermediaries

question 14

Multiple Choice

Channel intermediaries:

• A)assume temporary ownership of the goods.
• B)tend to lack focus.
• C)fill niches.
• D)tend to disappear as the market becomes organized.

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Definitions:

Shareholder

An individual or entity that owns shares in a corporation, thus holding a portion of its equity.

Direct Flotation Costs

Expenses directly incurred by a company when it issues new securities, such as underwriting fees, legal fees, and registration fees.

Offering Size

The total value or amount of securities, such as stocks or bonds, that are made available for sale in a public offering.

Gross Proceeds

The total amount of money received from a transaction before any deductions or expenses are subtracted.