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Rare Events,with Smaller Corresponding Probabilities,are Towards the Middle of the Normal

question 38

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Rare events,with smaller corresponding probabilities,are towards the middle of the normal curve.


Definitions:

Channel Circumvention

A distribution strategy where a producer sells their products directly to consumers, bypassing intermediary levels of distribution.

Disintermediation

A source of channel conflict that occurs when a channel member bypasses another member and sells or buys products direct.

Directly Sells

The practice of selling products or services directly to the consumer in a non-retail environment, avoiding traditional retail channels.

Vertical Conflict

Disagreements or disputes between different levels of the same distribution channel, such as manufacturers and retailers or wholesalers and retailers.

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