BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the company
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the suppliers
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the competitors
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Detailed explanation-1: -In economics, factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
Detailed explanation-2: -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-3: -Marketing Intermediaries are firms that help the company to promote, sell, and distribute its products to final buyers. They include resellers, physical distribution firms, marketing services agencies, and financial intermediaries.
Detailed explanation-4: -Explanation: Resellers purchase completed items or finished products and exchange them for their clients to gain profits. Affiliates don’t modify the items they purchase. Affiliates can be wholesalers who offer their items to other affiliates, or retailers who offer their items to end-users. Q.