Match Each Item with the Correct Statement Below

question 129

Multiple Choice

Match each item with the correct statement below.
-Distribution of a product through all available channels is called _____.

• A)distribution channel
• B)forward integration
• C)logistics
• D)dual distribution
• E)direct selling
• F)intensive distribution
• G)selective distribution
• H)exclusive distribution
• I)tying agreement
• J)backward integration
• K)administered marketing system
• L)corporate marketing system
• M)contractual marketing system
• N)private carriers
• O)materials handling system
• P)franchise
• Q)common carriers
• R)upstream management
• S)suboptimization
• T)downstream management

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Definitions:

Receivables

Money owed to a company by its customers or clients for goods or services provided that have not yet been paid for.

Payables

Payables, also known as Accounts Payable, are liabilities of a company that represent money owed to creditors for goods and services received but not yet paid for.

Accrual Basis

An accounting method that records revenues and expenses when they are earned or incurred, regardless of when cash is exchanged.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and interest, from its total revenues.