GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It helps inform customers
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It helps customers make a decision about a purchase
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It gets the product to the consumer at the right time and place.
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It helps the company make good marketing decisions
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Detailed explanation-1: -The key role that distribution plays is satisfying a firm’s customer and achieving a profit for the firm. From a distribution perspective, customer satisfaction involves maximizing time and place value to: the organization’s suppliers, intermediate customers, and final customers.
Detailed explanation-2: -Well-executed distribution management can help to improve the order fulfillment process, inventory turnover rate, profit margins, supply chain agility, and ultimately higher customer satisfaction.
Detailed explanation-3: -The distribution function is important because it makes sense for any type of random variable, regardless of whether the distribution is discrete, continuous, or even mixed, and because it completely determines the distribution of .
Detailed explanation-4: -The main function of distribution channel is to assemble the goods from different manufacturer and make it available to the consumer. Apart from this, the channel members also perform a number of other functions like buying, carrying inventory, selling, transporting, financing, etc.