Expensive, High-Quality Products That Are Purchased Infrequently Often Reach Consumers

question 157

Multiple Choice

Expensive, high-quality products that are purchased infrequently often reach consumers through

• A) selective distribution.
• B) highly-selective distribution.
• C) sole-source retailers.
• D) complex marketing channels.
• E) exclusive distribution.

---

Definitions:

Deregulation

The process of removing or reducing government regulations and restrictions in an industry, typically with the intention of improving competition and innovation.

Subsidization

The provision of financial assistance by a government or other entity to support or promote a specific industry, commodity, or activity.

Commodification

The process of treating goods, services, ideas, or people as commodities, thus making them subject to trade in a market.

Nationalization

The process by which a government takes control of a previously private sector business or industry.