_____ Is a Manager Who Helps Directs the Activities of a Whole

question 279

Multiple Choice

_____ is a manager who helps directs the activities of a whole channel and tries to avoid or solve channel conflicts.

• A) A channel executive
• B) A channel captain
• C) A distribution manager
• D) Channel coordinator
• E) Distribution leader

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Definitions:

Externality

An economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume.

Invisible Hand

A term coined by economist Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interests unintentionally benefit society at large.

Economist

A professional who studies the production, distribution, and consumption of goods and services, focusing on how economic agents behave and interact.

Government Intervention

Government intervention involves actions taken by a government to affect the economy, which can include regulations, subsidies, tariffs, and monetary policies.