CLEP Marketing

Category - Distribution

Organizations in different industries and of varying sizes participate in marketing channels, which move products from the manufacturer to the final consumer. This participation includes wholesalers, distributors, and retailers, who are also referred to as _________.
  1. Management consultants
  2. Channel members
  3. Marketing specialists
  4. Internal stakeholders
  5. External stakeholders
Explanation
Answer: B - Organizations in different industries and of varying sizes participate in marketing channels, which move products from the manufacturer to the final consumer. This participation includes wholesalers, distributors, and retailers, who are also referred to as channel members. Channel members are also called intermediaries or middlemen. These members facilitate the smooth movement of products through the channels connecting sellers to buyers. Together, these channel members form a continuous supply chain that allows consumers to have products available.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz