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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Ex parte Merryman
Operating Capital
Funds used by a company to cover its day-to-day operational expenses, necessary for maintaining business operations.
Distribution Density
Refers to the number of places or outlets a product is available to consumers within a specific area.
Intensive Distribution
A level of distribution density whereby a firm tries to place its products and services in as many outlets as possible.
Administered Vertical Marketing System
A coordinated marketing system among participants at different levels of the supply chain, managed by one dominant member without formal ownership.
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