The general rule for knowing which distribution channel is best is: Make the product available in whatever number of locations, great or small, is needed to satisfy customers
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: This is a way to maximize sales by matching distribution to customers as effectively as possible.
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Which of the following classifications of securities had NO negative one-year returns over the period 1950-1999?
A) Long-term government bonds B) Large-company stocks C) 3-month U.S. Treasury bills D) Each of the classification of securities listed experienced at least one negative one-year return over the listed time period.
All of the following are true about insurance companies EXCEPT
A) They invest their reserves. B) They may guarantee to reimburse lenders should lenders' loans go into default. C) They participate in equipment leasing. D) They may only invest their reserves in interest paying bank accounts under Federal law.