Provide an Appropriate Response

question 58

Essay

Provide an appropriate response.
-Create an example displaying data in a pie chart. Display the same data in a Pareto chart. Which graph is more effective? List at least two reasons in support of your choice.

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Definitions:

Marketing Channel Functions

The various roles and activities performed by the intermediaries within the marketing channel, including distribution, logistics, and facilitating transactions.

Stocking

The process of replenishing goods in a store or warehouse to ensure sufficient supply for consumer demand.

Indirect Channel

A distribution method that involves intermediaries or middlemen to get the product from the manufacturer to the consumer.

Consumer Products

Goods produced for personal use by the general public, often classified into convenience, shopping, specialty, and unsought products.