Producers Who Consider Handling the Entire Distribution Job Themselves May

question 159

Multiple Choice

Producers who consider handling the entire distribution job themselves may be especially inclined to do so because:

• A) many customers have established buying patterns that don't include buying direct from producers.
• B) many customers have a preference for shopping at their favorite locations and won't be likely to change.
• C) direct distribution usually requires a significant investment in facilities, people, and information technology.
• D) a channel partner (intermediary) is not available or will not cooperate.
• E) intermediaries often serve customer needs better than producers and at lower cost.

Analyze the importance of political stability for international trade and investment.

Evaluate the benefits and drawbacks of different international market entry options.

Understand the process and criteria for selecting an international market entry strategy.

Recognize the role of intellectual property rights in global business.

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Definitions:

Medical Equipment

Devices used in medical practice to diagnose, prevent, or treat diseases or medical conditions.

Cognitive Development

A process involving the growth and enhancement of mental abilities, such as thinking, reasoning, problem-solving, and understanding, throughout a person's life.

Formal Operations

The final stage of cognitive development in Piaget's theory, typically beginning around age 12, characterized by the ability to think abstractly, logically, and systematically.

Jean Piaget

A Swiss psychologist known for his pioneering work in child development, specifically his theory of cognitive development that explains how children construct a mental model of the world.