A Channel That Includes Intermediaries That Are Between the Producer

question 247

Multiple Choice

A channel that includes intermediaries that are between the producer and consumer and perform numerous channel functions are referred to as a(n)

• A)indirect channels.
• B)skewed channels.
• C)multi-level channels.
• D)full-service channels.
• E)limited-service channels.

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Definitions:

Storage Cost

Represents the expenses involved in storing inventory or materials, including warehousing, labor, and material handling costs.

Ordering Cost

The expenses associated with placing an order for additional inventory, including administrative costs and the cost of obtaining goods.

Purchase Price

The amount of money paid to buy a good or service.

Safety Stock

Additional inventory held to protect against uncertainties in demand or supply, ensuring sufficient stock is available to meet customer needs.