BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Marketing intermediaries help in
A
supplying raw to the company
B
transporting the goods
C
serving as a link
D
Selling the product
Explanation: 

Detailed explanation-1: -Marketing intermediaries, also known as distribution intermediaries, help manufacturers and producers sell products to consumers by assisting them with distribution and other specialised supply chain operations.

Detailed explanation-2: -Intermediaries create a win-win situation by providing benefits to both manufacturers and consumers. Improving efficiency, allowing for a better assortment of products and routinization of transactions makes the process easier and the customer experience more positive.

Detailed explanation-3: -Indirect selling is when a company uses an intermediary to distribute and sell its product. Indirect selling marketing channels can use varying amounts of intermediaries. In the most direct distribution route, the manufacturer can sell their product to an intermediary who then sells the product to a consumer.

Detailed explanation-4: -Firms that help a company to promote, sell, and distribute its products to final buyers. They include middlemen, wholesalers, retailers, distribution firms, marketing-service agencies, and financial intermediaries.

Detailed explanation-5: -Key Takeaways. Financial intermediaries serve as middlemen for financial transactions, generally between banks or funds. These intermediaries help create efficient markets and lower the cost of doing business. Intermediaries can provide leasing or factoring services, but do not accept deposits from the public.

There is 1 question to complete.