In Designing a Marketing Channel System,the Marketer Must Understand the Service

question 94

Essay

In designing a marketing channel system,the marketer must understand the service output levels desired by target customers.Channels provide five service outputs.List and briefly describe each of these outputs.

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Definitions:

Cigarette Habit

The cigarette habit refers to the regular consumption of cigarettes, often resulting in physical dependence on nicotine.

Net Present Value

A method used in capital budgeting to appraise the profitability of an investment, considering the time value of money.

Auto Loan Payments

Regular payments made over a period to repay borrowed money used to purchase a vehicle, typically including both interest and principal.

Earnings Loss

Earnings loss refers to the decrease in income or profits, often due to external factors, operations, or changes in demand.