ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Example of Intermediaries
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Producers-Wholesalers-Retailers-Customers
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Producers-rabble bobbers-customers
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Producers-Customers directly
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None of the above
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Explanation:
Detailed explanation-1: -Grocery stores are a great example of retail intermediaries. Grocery stores buy produce and other products from farmers and suppliers to stock in their stores. This offers convenience to both food suppliers and customers. These stores vary in size and product assortment.
Detailed explanation-2: -Producer → Retailer → Consumer (One-level Channel) Retailers, like Walmart and Target, buy the product from the manufacturer and sell them directly to the consumer. This channel works best for manufacturers that produce shopping goods like clothes, shoes, furniture, tableware, and toys.
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