ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
All the businesses involved in sales transactions that move products from the manufacturer to the final user are called
A
wholesalers
B
intermediaries
C
agents
D
retailers
Explanation: 

Detailed explanation-1: -All the businesses involved in sales transactions that move products from the manufacturer to the final user are called intermediaries or middlemen. Intermediaries provide value to producers because they often have expertise in certain areas that producers do not have.

Detailed explanation-2: -A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user. The supply chain segment involved with getting the finished product from the manufacturer to the consumer is known as the distribution channel.

Detailed explanation-3: -Distributors are the intermediaries that deliver and house products for producers to sell to retailers. These channels can be relatively simple or increasingly complex. There are direct and indirect channels. In a direct channel, the producer works directly with the consumer.

There is 1 question to complete.