In International Distribution, Complementary Effect Can

question 34

Multiple Choice

In international distribution, complementary effect can:

• A)expand the overall business.
• B)cannibalize existing distribution channels.
• C)materialize the overall business.
• D)downsize existing distribution channels.
• E)none of the above.

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Definitions:

Circular Flow Model

An economic model that describes the movement of money, goods and services, and resources between producers and consumers in the economy.

Entrepreneurial Ability

The skill to innovate, introduce new products or processes, and successfully manage business ventures.

Rent

A periodic payment made by tenants to owners for the use of property or land, or the income derived from the lease of such property.

Resource Market

Markets where the services of the factors of production (such as labour, capital, land) are bought and sold.