INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a condition that must exist for channels to be effective:
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Channel members must not share tasks
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They must have at least five members
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Channel members must have varying goals
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They must be properly managed
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Explanation:
Detailed explanation-1: -To be effective, channels must be properly managed, channel members must share common goals, and channel members must share tasks appropriately.
Detailed explanation-2: -Various other factors such as size of the market, geographical concentration of buyers, quantity demanded, etc. also affect the choice between the channels. For instance, if potential buyers are concentrated in a small geographical area then, shorter channels are used.
Detailed explanation-3: -Analyze the Consumer. We begin the process of channel management by answering two questions. Establish the Channel Objectives. Specify Distribution Tasks. Evaluate and Select Among Channel Alternatives. Evaluating Channel Member Performance.
There is 1 question to complete.