Producers Use Marketing Intermediaries Because They ________

question 40

Multiple Choice

Producers use marketing intermediaries because they ________.

• A) create greater efficiency in making goods available to target markets
• B) supply inexpensive raw materials for manufacturing products
• C) provide technical expertise for faster production
• D) monitor day-to-day activities during production
• E) form a part of the company's direct channel

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Definitions:

Voidable

Referring to a contract or transaction that may be declared invalid by one party, typically due to factors like misrepresentation or undue influence.

Certified Cheque

A means of transferring funds by cheque where payment is, in effect, guaranteed by the bank.

Legal Tender

Officially recognized currency that can be used to settle debts, public charges, taxes, and dues.

Warranty Breach

Occurs when a product fails to meet the standards or conditions promised by a warranty, leading to potential legal redress.