Which of the Following Statements Best Describes a Channel That

question 12

Multiple Choice

Which of the following statements best describes a channel that is efficient?

• A) A channel that provides maximum time utility
• B) A channel that has eliminated all wholesalers
• C) A channel that provides the best in terms of place utility
• D) An integrated channel that reduces redundancies and waste
• E) All of the above describe efficient channels of distribution.

---

Definitions:

No-Par Common Stock

Equity securities issued without a par value, where the board of directors determines the issuing price.

Par Preferred Stock

Preferred shares of a company's stock issued at a specific nominal value and with fixed dividend payments.

Cash

Liquid funds available for transaction or investment purposes.

Treasury Stock

Shares that were issued and later reacquired by the issuing corporation, which do not confer voting rights or pay dividends.