When Manufacturers Bypass Wholesalers and Retailers to Sell Directly to End

question 3

True/False

When manufacturers bypass wholesalers and retailers to sell directly to end users it is called backward compatibility.

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Definitions:

Defined Contribution Plan

A pension plan that requires a fixed amount of money to be invested on the employee’s behalf during the employee’s working years.

Annual Pension Benefit

The amount a retiree receives yearly from their pension plan, which is based on factors such as salary history and years of service.

Defined Benefits Plan

A type of pension plan where the benefits that the employee will receive upon retirement are defined in advance.

Investment Risks

Investment risks involve the potential for losing some or all of the original investment, affected by market volatility, inflation, and other factors.