AOutline the Major Reasons Why Direct Selling Has Fallen or Stagnated

question 37

Essay

a.Outline the major reasons why direct selling has fallen or stagnated over the past few years.
b.How can direct selling firms overcome these problems?

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Definitions:

Work In Process

Products that are in the middle of the production process and are not yet completed; represents a component of inventory on the balance sheet.

Finished Goods

Goods that are completed production and are now available for customer acquisition.

Manufacturing Overhead

All indirect costs related to manufacturing, such as maintenance, supervision, and utilities, not directly tied to any specific product unit.

Indirect Materials

Materials used in the production process but not directly traceable to a specific product, such as lubricants and adhesives used in machinery.