Marketing Channels Make Distribution Simpler by Reducing the Number of Transactions

question 60

Multiple Choice

Marketing channels make distribution simpler by reducing the number of transactions required to get products from manufacturers to consumers.This is called:

• A) forward integration
• B) contact efficiency
• C) elimination of temporal discrepancies
• D) sorting
• E) reciprocity

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Definitions:

Sherman Act

The Sherman Act is a foundational antitrust law in the United States, aiming to prevent monopolies and promote competition by prohibiting business practices that restrict trade.

Concerted Action

A coordinated effort or strategy among individuals or entities aimed at achieving a particular goal, often in a legal or industrial context.

Federal Trade Commission

An independent agency of the United States government, aimed at preventing anticompetitive, deceptive, and unfair business practices.

Sherman Act

A foundational antitrust law in the United States, aimed at promoting fair competition and prohibiting monopolies.