Which of the Following Activities Is NOT a Transactional Channel

question 72

Multiple Choice

Which of the following activities is NOT a transactional channel function?

• A)contacting buyers
• B)promoting the products to be sold
• C)taking the risks associated with product inventories
• D)physical distribution and sorting

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Definitions:

Total Revenue

The total amount of money a firm receives from selling its goods or services.

Hotel Rooms

Accommodation units provided by hotels for temporary occupancy by guests, varying in size, quality, and amenities offered.

Price Floor

Price Floor is a government or regulatory-imposed minimum price set above the equilibrium price, preventing the price of a good or service from falling below it.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in market balance.