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Figure 7-7 Above Outlines the Distribution Channels Through Which a Product

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Figure 7-7 above outlines the distribution channels through which a product manufactured in one country must travel to reach its destination in another country."C" represents the


Definitions:

E-Tailing

Online retailing, where sellers promote and sell products and services to consumers over the internet.

Digital Devices

Electronic tools and gadgets, such as smartphones and tablets, that store, process, or transmit digital information.

Encryption

Process of encoding data for security purposes, using software that encodes and scrambles messages.

Public Exchange

a marketplace where securities, commodities, derivatives, and other financial instruments are traded openly, with prices based on supply and demand.

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