The Number of Channel Members to Use at Each Level

question 64

Multiple Choice

The number of channel members to use at each level of the supply chain is called:

• A)procurement intensity.
• B)channel structure.
• C)distribution intensity.
• D)distribution frequency.
• E)procurement frequency.

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Definitions:

Comparative Advantage

The ability of an individual, firm, or country to produce a certain good or service at a lower opportunity cost than others.

Trade Deficit

The economic condition that arises when a country imports more goods and services than it exports.

Unfair Trade Practices

Business activities deemed unjust, deceptive, or fraudulent that can affect fair competition in the market.

Self-Sufficiency

The ability of an individual or economy to meet all its needs without external assistance.