One Way Marketing Intermediaries Improve Marketing Efficiency Is by Reducing

question 259

True/False

One way marketing intermediaries improve marketing efficiency is by reducing the number of exchange relationships necessary to move goods through the channel of distribution.

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Definitions:

Cash

A form of liquid asset representing money in physical or digital form that can be readily used for transactions.

Services Rendered

Refers to the completion of work or the delivery of a service for which payment is due.

Credit

An accounting entry that either increases a liability or equity account or decreases an asset or expense account.

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership interest.