INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Their first-hand product knowledge.
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Their technical expertise in marketing and distribution.
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Their range of business contacts in the distribution channel.
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Their close contact with the end user.
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Detailed explanation-1: -A distribution channel is the network of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end consumer. Distribution channels can include wholesalers, retailers, distributors, and even the internet.
Detailed explanation-2: -A distribution channel is the path used to get a product from the manufacturer or creator to the end user. In other words, how the customer gets their product after purchase, which often include intermediaries. Distribution channels can be long or short, direct or indirect.
Detailed explanation-3: -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-4: -Direct. With the direct channel, the company sells directly to the customer. Indirect. Indirect channels use multiple distribution partners or intermediaries to distribute goods and services from the seller to customers.