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A Distribution Channel Includes Distributors, Wholesalers, Retailers, and Agents That

question 50

True/False

A distribution channel includes distributors, wholesalers, retailers, and agents that display, sell, or deliver the physical product or service(s)to the buyer or user.


Definitions:

Capital Balance

The amount of money that investors have contributed to a company plus retained earnings, less any withdrawals.

Fair Market Value

The price at which an asset would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.

Bonus

Additional compensation given to employees as a reward for their performance, typically cash or stock options.

Withdraws

Funds taken out from a business by the owner(s) for personal use, also known as drawings.

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