Which of the Following Statements About Place Is Not True

question 62

Multiple Choice

Which of the following statements about Place is not true?

• A) Most consumer products move from producer to intermediaries to final customer.
• B) A series of participants in the flow of goods and services from producer to final customer is called a channel of distribution.
• C) There is always one Place arrangement that is "best" for a product.
• D) Intermediaries develop to adjust discrepancies in quantity and assortment.
• E) All of these statements about Place are true.

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Definitions:

Commercial Failure

Commercial failure refers to a product or business venture that does not achieve its financial objectives, often resulting in significant losses or bankruptcy.

Economic Failure

The inability of a market or economy to allocate resources efficiently, often leading to wastefulness or loss.

Creditors

Individuals or institutions that extend credit by lending money or providing goods or services that will be paid for later.

Leveraged Buyout

A transaction where a company is acquired primarily using borrowed funds.