Business Quiz with correct answers

distribution channel - Answer an organized network of firms that work together to get goods and services from producer to customer distribution strategy - Answer firm's overall plan for moving products to intermediaries and final customers marketing intermediaries - Answer Businesspeople and organizations that assist in moving and marketing goods and services between producers and consumers wholesalers - Answer sell to organizational customers, including other wholesalers, companies, government agencies, and educational institutions retailers - Answer Intermediaries that primarily sell products to consumers for personal use What 9 main functions do wholesalers and retailers perform? - Answer Match buyers and sellers, provide market info, provide promotional and sales support, gather various goods, transport/store products, provide financing, complete product solutions, facilitate transactions, support customers Breaking bulk - Answer Sorting, standardizing, and dividing bulk quantities into smaller packages Value-Added Resellers (VAR)/ System Integrater - Answer Complete or customize solutions for customers 3 Categories of Wholesalers - Answer wholesalers, agents, brokers