________ Occurs When Customers Gather Information from a Retailer's Channel

question 7

Multiple Choice

________ occurs when customers gather information from a retailer's channel and buy products from a competitor's channel.

• A) Channel expansion
• B) Channel integration
• C) Channel migration
• D) Omniretailing
• E) Automated retailing

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Definitions:

Economic Conditions

The state of an economy at a given time, influenced by factors like GDP, unemployment rates, inflation, and government policies.

DSO

Stands for Days Sales Outstanding, a measure of the average number of days that a company takes to collect payment after a sale has been made.

Lockbox Plan

A banking service provided to companies for the receipt of payment from customers, utilizing a special address where payments are collected and processed quickly.

Net Operating Working Capital

A measure of a company's liquidity and refers to the difference between operating current assets and operating current liabilities.