The Need for Reverse Channels May Arise in All of the Following

question 121

Multiple Choice

The need for reverse channels may arise in all of the following situations EXCEPT

• A) a consumer buys something in error and wants to return it.
• B) a firm makes an error in completing an order.
• C) a product is recalled for safety reasons.
• D) a consumer changes her mind after purchasing a product.
• E) All of these create a need for reverse channels.

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Definitions:

Economic Recession

A period of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in two successive quarters.

Civil Rights

The rights of citizens to political and social freedom and equality, often associated with movements to end discrimination and promote equal protection under the laws.

Underwood Tariff

A 1913 U.S. law that significantly lowered tariffs on imported goods for the first time since the Civil War and implemented an income tax following the ratification of the 16th Amendment.

Tariff Rates

Taxes imposed by a government on imported or exported goods.