Distributors Can Be Quite Important Because in Some Industries There

question 116

True/False

Distributors can be quite important because in some industries there is not a lot of competition,so the distributor has a lot of power in setting the price of the product.

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Definitions:

Extrapolation

The process of estimating unknown values by extending or projecting from known data.

Probability Sampling

A sampling method that hives every individual in the population an equal chance of being selected for the sample.

Concepts

Fundamental ideas or theories that form the basis of knowledge in a particular discipline or are used to guide actions and decisions.

Services

Intangible activities or benefits that an organization provides to satisfy consumers’ needs in exchange for money or something else of value.