MANAGEMENT

Detailed explanation-1: -Place utility involves making products or services available in locations that allow consumers to easily access them.

Detailed explanation-2: -Methods for distributing products include self distribution, wholesalers and distributors. Self distribution requires time and infrastructure; wholesalers and distributors add markups so you’ll earn less for your products.

Detailed explanation-3: -There are three types of distribution channels: direct, indirect and hybrid. Direct. With the direct channel, the company sells directly to the customer.

Detailed explanation-4: -There are three main types of distribution channel used by businesses: direct, modern and traditional. These are categorised by the steps a product goes through from the raw materials stage to reaching the end consumer.