Which Channel Function Most Likely Plays a Role in All

question 9

Multiple Choice

Which channel function most likely plays a role in all value-added activities of a marketing channel system?

• A) information sharing
• B) promotion
• C) negotiation
• D) payment
• E) ordering

---

Definitions:

Months

Units of time used in calendars that approximate the period required for the moon to complete its orbit around the Earth, commonly divided into 12 periods in a year.

Term Deposit

A bank deposit that has a fixed term and typically offers a higher interest rate, with the condition that the funds cannot be accessed until the term ends.

Interest Rate

The interest rate that a borrower must pay to a lender in exchange for using borrowed funds.

Accrued Interest

Interest that's been accrued but is still pending payment or receipt.