BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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multi-flow
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reverse-flow
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industrial
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disposal
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Detailed explanation-1: -What Is Reverse Logistics? Reverse logistics means moving goods and products from their destination (the end user) back to the seller or manufacturer. Thus, reverse logistics is like the traditional supply chain, but it moves in the opposite direction.
Detailed explanation-2: -Legitimate power. The manufacturer requests a behavior that is warranted under the contract. As long as the intermediaries view the manufacturer as a legitimate leader, legitimate power works.
Detailed explanation-3: -What are businesses that represent, and sell goods on behalf of, other businesses in a specified market called? resellers.
Detailed explanation-4: -Some intermediaries-such as wholesalers and retailers-buy, take title to, and resell the merchandise are called merchants. Brokers, manufacturers’ representatives, sales agents-search for customers and may negotiate on the producer’s behalf but do not take title to the goods are called agents.