What Is Credited with Gains in Industrial Productivity, Increased Standards

question 58

Multiple Choice

What is credited with gains in industrial productivity, increased standards of living and affordable products?

• A)personal computers
• B)the internet
• C)mass transportation
• D)assembly lines
• E)multi-level marketing

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Definitions:

Retailer

A business that sells products directly to consumers, offering products from one or several suppliers for sale to the end-user.

Marketing Channel

A system of intermediaries that helps to move products from the manufacturer to the consumer.

Agent

An intermediary who negotiates transactions between two or more parties.

Supply Chain

The various firms involved in performing the activities required to create and deliver a product or service to consumers or industrial users.