Examlex
The three basic functions channel intermediaries perform are:
Product Design
The process of conceptualizing and planning the creation of a new product, including its aesthetics, functionality, and usability.
Profit
The financial gain realized when the revenue generated from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.
Entire Organization
Refers to the whole institution or company, including all of its employees, structures, and functions.
Functional Designs
Designs that prioritize the practicality and function of a product, facility, or system over aesthetic considerations.
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