Which players are involved in a typical three-intermediary distribution channel, and how does the process work?
What will be an ideal response?
Answer: A typical three-intermediary distribution channel consists of a producer that sells to an agent/broker, that in turn sells to a wholesaler, that in turn sells to a retailer, that in turn sells to the customer and end user.
Explanation: A typical three-intermediary distribution channel consists of a producer that sells to an agent/broker, that in turn sells to a wholesaler, that in turn sells to a retailer, that in turn sells to the customer and end user. A French winery (producer) might convey wines to a U.S. company (agent/broker) that conveys them to a wine distributor (wholesaler) that sells them to wine stores (retailers) that sell them to you (consumer).
You might also like to view...
Laws governing franchising are designed in part to prevent franchisors from terminating franchises without good cause
a. True b. False Indicate whether the statement is true or false
Reb wants to start a new business enterprise. Shari is an accountant. Reb most likely needs to consult Shari because
A. an accountant can be less expensive than an attorney. B. bookkeeping errors can provoke litigation. C. ignorance of the law is a defense against liability. D. keeping up with laws that govern business conduct is difficult.
What two conditions must exist for federal courts to have diversity jurisdiction?
A) an individual is bringing suit against a corporation and the amount in dispute exceeds $75,000 B) the plaintiff and defendant are from the same family and the amount in dispute exeeds $50,000. C) the case has been tried in two different states with two different outcomes and the amount in dispute exceeds $50,000. D) the plaintiff and defendant are citizens of different states and the amount in dispute exceeds $75,000.
If you have an established relationship with a buyer, you can sell small tracts of land without a written contract
Indicate whether the statement is true or false