Which of the Following Statements Is True of Channel Members

question 12

Multiple Choice

Which of the following statements is true of channel members?

• A) They provide contact efficiency.
• B) Agents and brokers take ownership of goods.
• C) They provide generalization of labor.
• D) Merchant wholesalers create form utility.

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Definitions:

Coordination

The process of organizing people or groups so that they work together properly and well, ensuring that resources are used efficiently and activities are synchronized.

Conflict Potential

The inherent likelihood or possibility for conflicts to arise within a certain context or environment.

Functional Specialization

Functional specialization is the practice of organizing individuals or groups based on the specific functions or roles they perform within an organization.

Project Teams

Groups of individuals working collaboratively towards a common goal, often bringing together diverse skill sets and perspectives.