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Distribution
Question | Answer |
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Agents | A business unit that negotiates purchases, sales, or both but does not take title to the goods in which it deals. |
Balance of Trade | The difference between exports and imports. |
Embargo | The prohibition of shipment of goods or services to designated countries. |
European Union (EU) | Free trade among European nations, all using the eruo |
Globalization | When a business sells the same product to other countries without any customization. |
International Trade | The exchange of goods and services among nations |
North American Free Trade Agreement (NAFTA) | Trade agreement between Canada, the United States, and Mexico. |
Tariff | A published set of rates for transportation and distribution services. |
Channel of Distribution | An organized network (system) of agencies and institutions which, in combination, perform all the functions required to link producers with end customers to accomplish the marketing task. |
Distribution Center | A facility for the receipt, storage, and redistribution of goods to company stores or to customers. It may be operated by retailers, manufacturers, or distribution specialists. |
E-marketplace | an internet location owned by a company or consortium which allows other companies or individuals to get new suppliers or buyers for their products as well as develop trading networks which makes negotiating, settlement and delivery easier and more effi |
Indirect Distribution | A channel whereby goods and services are sold indirectly from producer through independent middlemen to final users |
Intensive Distribution | A form of market coverage in which a product is distributed through all available wholesalers or retailers who stock and sell the product in a given market area. |
Inventory | Goods or merchandise available for resale |
Inventory Turnover | .The number of times average inventory is sold during a specified time period (usually one year) |
Physical Distribution | |
Rack Jobbers | |
Retailers | |
Selective Distribution | |
Wholesalers | |