BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

INTERNATIONAL MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Determining the best way to allow customers to locate and obtain the products and services of a business is known as:
A
distribution
B
financing
C
pricing
D
promotion
Explanation: 

Detailed explanation-1: -The term “distribution channel” refers to the methods used by a company to deliver its products or services to the end consumer. It often involves a network of intermediary businesses such as manufacturers, wholesalers, and retailers.

Detailed explanation-2: -Indirect Distribution is the most common method of product distribution and includes the services of at least one intermediary whose job it is to ensure products are placed in channels that are easily accessible and desirable for customers. For example, a retailer is an indirect distributor.

Detailed explanation-3: -Four types of distribution are direct selling, selling through intermediaries, dual distribution, and reverse distribution.

Detailed explanation-4: -Direct distribution strategy: Direct distribution is when manufacturers sell and send their products directly to consumers without the use of other parties and entities. It often requires having a warehouse to store products and a delivery process to get them to customers.

There is 1 question to complete.