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Eliminating Intermediaries in the Channel of Distribution Means That Prices

question 139

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Eliminating intermediaries in the channel of distribution means that prices to consumers decline because the intermediaries no longer need to be paid.


Definitions:

Competitive Position

A company's relative standing in its industry or market compared to its competitors, often influenced by its market share, product quality, and brand reputation.

Organization's Objectives

Specific goals set by a business or an organization to guide its actions and strategic decisions.

Meal Occasion

A specific time or event when food is consumed, which can influence the type of food chosen and the manner of consumption.

Eating Experience

The eating experience refers to the overall sensation, enjoyment, and satisfaction derived from the act of consuming food, including taste, ambiance, and service.

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