What are marketing channels? Briefly explain some of the different types of intermediaries

What will be an ideal response?

Marketing channels are sets of interdependent organizations participating in the process of making a product or service available for use or consumption. They are the set of pathways a product or service follows after production, culminating in purchase and consumption by the final end user.
Some intermediaries—such as wholesalers and retailers—buy, take title to, and resell the merchandise; they are called merchants. Others—brokers, manufacturers' representatives, sales
agents—search for customers and may negotiate on the producer's behalf but do not take title to
the goods; they are called agents. Still others—transportation companies, independent warehouses,
banks, advertising agencies—assist in the distribution process but neither take title to goods nor
negotiate purchases or sales; they are called facilitators.

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The uptime of database servers is weighed at 80 on relative importance, and your database server scored 7 out of 10. Your four competitors score 5, 6, 8, and 3. What is the relative advantage score of your database server with regards to uptime?

A) 60 B) 560 C) 7 D) 80 E) 40

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What does it mean when the distribution of data is skewed to the right?

A) a lower frequency of larger values and the median is greater than the mean B) a higher frequency of larger values and the median is greater than the mean C) a lower frequency of larger values and the mean is greater than the median D) a higher frequency of larger values and the mean is greater than the median

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