INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ are businesses that sell directly to consumers.
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Customers
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Retailers
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Wholesalers
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Manufacturers
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Explanation:
Detailed explanation-1: -A direct-to-consumer business model involves manufacturers selling their products directly to end customers, skipping third-party retailers, wholesalers, and distributors. D2C is a significant move away from the traditional model, where manufacturers sell to wholesalers to distribute to retail stores.
Detailed explanation-2: -Direct-to-consumer retail refers to a retail model in which brand manufacturers sell their products straight to the customer-whether that’s an individual consumer or another retailer-thereby eliminating the need for retail distributors.
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