ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

MARKETING PLAN DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Responsible for the physical movement or the transfer of ownership of a good or service from the producer to the consumer.
A
channel management
B
marketing planning
C
marketing information mgmt
D
product/service mgmt
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: -Transportation. Transportation is the most critical function of physical distribution. It involves moving products from production to warehouse to end user. Transportation ensures products are delivered to the correct destination at the right time.

Detailed explanation-3: -In a direct distribution channel, the manufacturer sells directly to the consumer. Indirect channels involve multiple intermediaries before the product ends up in the hands of the consumer.

There is 1 question to complete.