CLEP Marketing

Category - Distribution

In logistics, the difference between the amount of product made and the amount that the end consumer wants to purchase is called a ____________.
  1. Quantity overload
  2. Discrepancy of quantity
  3. Logistics nightmare
  4. Discrepancy of assortment
  5. Supply chain overload
Explanation
Answer: B - In logistics, the difference between the amount of product made and the amount that the end consumer seeks to purchase is called a discrepancy of quantity. Marketing channels are important to reduce the likelihood of a discrepancy of quantity. By storing products and selling them at the right time and in the right quantities, marketing channels make certain that products are sold to consumers when they need them.
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