ENTREPRENEURSHIP

Detailed explanation-1: -The term “distribution channel” refers to the methods used by a company to deliver its products or services to the end consumer. It often involves a network of intermediary businesses such as manufacturers, wholesalers, and retailers.

Detailed explanation-2: -A channel of distribution-also referred to as a distribution channel-is the method a company uses to get a product or service into the hands of a consumer as quickly and efficiently as possible.

Detailed explanation-3: -Distribution channels are the paths that products and services take on their way from the manufacturer or service provider to the end consumer.

Detailed explanation-4: -There are four types of distribution channels that exist: direct selling, selling through intermediaries, dual distribution, and reverse logistics channels. Each of these channels consist of institutions whose goal is to manage the transaction and physical exchange of products.