How do intermediaries add value to a marketing system?
What will be an ideal response?
Intermediaries reduce the amount of work that must be done by both producers and consumers. They transform the assortment of products made by producers into the assortment wanted by consumers. They buy large quantities from many producers and break them down into the smaller quantities and broader assortments wanted by consumers. Intermediaries help to match supply and demand. Intermediaries add value by bridging the major time, place, and possession gaps that separate goods and services from those who would use them.
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To a major resort, timeshare properties would be classified as property, plant and equipment
Indicate whether the statement is true or false
According to Chan (2002) culture should be thought of as a verb rather than a noun. What does Chan mean by this? Do you agree or disagree with Chan’s fragmentation perspective of culture, and why?
What will be an ideal response?
Most angel investors are individuals who accumulated their wealth through inheritance.
Answer the following statement true (T) or false (F)
________ is a method for dividing on-hand inventory into three classifications based on annual dollar volume
Fill in the blanks with correct word