Using Foreign-Country Middlemen Moves the Manufacturer Away from the Market

question 55

True/False

Using foreign-country middlemen moves the manufacturer away from the market and the company becomes less involved with problems of language, physical distribution, communications, and financing.

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Definitions:

Channel Functions

The roles and activities performed by intermediaries within a distribution channel, such as product information dissemination, negotiation, and order fulfillment.

Grading

The process of evaluating the quality or size of products like agricultural commodities, based on a set of standards.

Facilitating Function

Functions that ease the process of market transactions by dealing with logistic aspects like distribution and financing.

Southern Pine Lumber

A type of softwood that is widely used in construction and manufacturing, known for its strength and durability.