ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The ____ is the distribution channel through which your product or service flows from the producer to the customer.
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highway system
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value chain
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distribution channel
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direct channel
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Explanation:
Detailed explanation-1: -A distribution channel, in simple terms, is the flow that a good or service follows from production or manufacturing to the final consumer/buyer. The link between producers and the end consumer is normally intermediaries, such as wholesalers, retailers, or brokers.
Detailed explanation-2: -Direct distribution is a strategy in which a producer or manufacturer delivers products directly to the consumer. Using this type of distribution rarely includes the use of wholesalers or other distributors, as companies typically process and sell the products themselves.
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