Channel Intermediaries Enhance Utilities by Providing a Wide Array of Specific

question 72

Multiple Choice

Channel intermediaries enhance utilities by providing a wide array of specific functions including ________________.

• A)Physical distribution functions
• B)Transaction and communication functions
• C)Facilitating functions
• D)Both physical distribution functions and transaction and communication functions
• E)Physical distribution functions, Transaction and communication functions, and Facilitating functions

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Definitions:

Subscription Service

A business model where customers pay a recurring price at regular intervals for access to a product or service.

Cognitive Surplus

The collective time and talents available to humanity, particularly as it relates to engaging in collaborative activities utilizing digital technologies.

Collaborative Consumption

The coordinated sharing or exchange of goods and services through digital platforms or community-based practices, leveraging technology to facilitate peer-to-peer borrowing and lending.

Private Ownership

The legal ownership of assets or property by individuals or corporations, as opposed to public or government ownership.