The Channel of Distribution Consists of ________

question 57

Multiple Choice

The channel of distribution consists of ________.

• A) the movement of goods and services from manufacturer to consumer-user
• B) all of the businesses and people involved in the physical movement and transfer of ownership of goods and services from producer to consumer
• C) all independent intermediaries involved with the transfer of title of goods and services
• D) all middlemen involved with the physical movement of goods and services

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Definitions:

Full Amount

The complete or total sum of money required or specified, without deductions.

Ratify Contracts

The formal approval or confirmation of a contract, making it officially valid.

Principals

The main parties involved in a transaction or contract, typically who have the primary responsibility and interest in the agreement.

Agents

Individuals or entities authorized to act on behalf of another, known as the principal, in business transactions or negotiations.