
Distribution and Retail Concepts

Flashcard
•
Business
•
12th Grade
•
Hard
Bilqise Bellamy
FREE Resource
Student preview

28 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is the channel of distribution?
Back
The path a product takes from its producer to manufacturer to the final user.
2.
FLASHCARD QUESTION
Front
Who are intermediaries or middlemen?
Back
Businesses involved in sales transactions that move products from the manufacturer to the final user.
3.
FLASHCARD QUESTION
Front
What is the role of intermediaries?
Back
They reduce the number of contacts required to reach the final user of the product.
4.
FLASHCARD QUESTION
Front
What are wholesalers?
Back
Businesses that buy large quantities of goods from manufacturers, store the goods, and then resell them to other businesses.
5.
FLASHCARD QUESTION
Front
Who are the customers of wholesalers?
Back
Retailers.
6.
FLASHCARD QUESTION
Front
When are wholesalers called distributors?
Back
When their customers are professional or commercial users, manufacturers, governments, institutions, or other wholesalers.
7.
FLASHCARD QUESTION
Front
What are rack jobbers?
Back
Wholesalers that manage inventory and merchandising for retailers by counting stock, filling it in when needed, and maintaining store displays.
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