Examlex
Explain why you agree or disagree with the following statement:
"Marketing intermediaries must charge a high enough price for the functions they perform to earn a profit. Therefore, the cost of distributing goods can almost always be reduced by eliminating marketing intermediaries from the channel of distribution."
Closely Held
A business that is privately owned, typically with a small number of shareholders, and not publicly traded on stock markets.
Shareholders
Individuals or entities that own one or more shares of stock in a public company, making them partial owners of that company.
IPO
Initial public offering. Stock in a new company offered to the public for the first time. Such stock tends to make a volatile, high-risk investment.
Mutual Funds
Investment programs funded by shareholders that trade in diversified holdings and are managed by professional investment managers.
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