Producers Often Use Multichannel Distribution Because

question 287

Multiple Choice

Producers often use multichannel distribution because

• A)they want to sell both directly with a website and indirectly through intermediaries.
• B)big retail chains want to deal directly with producers.
• C)competitors use a variety of channels.
• D)present channel members are doing a poor job.
• E)All these answers are correct.

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Definitions:

Single Life Annuity

A type of annuity that provides payments for the life of the annuitant only and ends upon the annuitant's death.

Annuity Contract

A financial product sold by insurance companies that guarantees a series of payments in exchange for an initial investment, aimed at securing retirement income.

Taxable Amount

The portion of income or transaction value that is subject to taxation by governmental authorities.

Qualified Pension Plan

A retirement plan meeting IRS requirements, offering tax advantages such as deferred taxation on earnings and contributions.