ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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channels of distribution
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retailer
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supply chain management
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distribution
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Detailed explanation-1: -Channels of Distributions are the routes that product and services take from the time they are produced to the time they are consumed.
Detailed explanation-2: -An alternative term is distribution channel or ‘route-to-market’. It is a ‘path’ or ‘pipeline’ through which goods and services flow in one direction (from vendor to the consumer), and the payments generated by them flow in the opposite direction (from consumer to the vendor).
Detailed explanation-3: -Distribution channels are important to businesses as they allow for the smooth delivery of goods or services to a customer. If a business does not source the best collection of businesses for this purpose, it can lead to unhappy customers and an inadequate provision of services.