Examlex
All of the following statements about supervisory planning are true EXCEPT:
Operating Capital
Funds used by a company to cover its day-to-day operational expenses, necessary for maintaining business operations.
Distribution Density
Refers to the number of places or outlets a product is available to consumers within a specific area.
Intensive Distribution
A level of distribution density whereby a firm tries to place its products and services in as many outlets as possible.
Administered Vertical Marketing System
A coordinated marketing system among participants at different levels of the supply chain, managed by one dominant member without formal ownership.
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