Which of the Following Is an Advantage of Adding New

question 92

Multiple Choice

Which of the following is an advantage of adding new channels in a multichannel distribution system?

• A) limiting market complexity
• B) reducing control over the system
• C) expanding sales and market coverage
• D) decreasing marketing needs and costs
• E) minimizing mass customization of products

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Definitions:

Years of Experience

Refers to the length of time someone has spent gaining knowledge or skills in a particular job or activity.

Nominal Variable

A nominal variable is a type of categorical data that represents different categories or groups which do not have a natural order or ranking.

Indicator Variables

Indicator Variables, also known as dummy variables, are numeric variables used in statistical models to represent categorical data with two or more categories.

Regression Model

A statistical technique used to analyze and model the relationship between a dependent variable and one or more independent variables.