Subway Sells Its Food Items Through Company-Owned Stores and Through

question 204

Multiple Choice

Subway sells its food items through company-owned stores and through franchises. Subway uses ____ as a channel strategy.

• A)channel extension
• B)intermediary exclusion
• C)broker utilization
• D)dual distribution
• E)channel diversification

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Definitions:

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount to raise immediate capital.

Turning Receivables

Involves managing and collecting funds owed to a business by its customers within a given period.

Credit Profile

A summary or analysis of an individual's or entity's credit history and current financial status used by lenders to gauge creditworthiness.

Trade Creditors

Suppliers or vendors that allow businesses to buy goods or services on account, paying them at a later date.