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Stack #4431852
| Term | Definition |
|---|---|
| agents | intermediaries that assist in the sale and/or promotion of goods and services but do no take title to them |
| channels of distribution | paths or routes that goods or services take from the producer to the ultimate consumer or industrial user |
| consumer goods | tangible items produced for personal use |
| direct channel of distribution | a channel of distribution in which goods and services move from the producer to intermediaries and then to consumers or industrial users also know as direct distribution |
| goods | tangible objects that can be manufactured for resale |
| indirect channel of distibution | a channel of distribution in which goods and services move from the producer to intermediaries and then to consumers or industrial users also know as indirect distribution |
| industrial distributor | a channel member that buys industrial goods and sells them to industrial users |
| industrial goods | tangible items that will be consumed by industrial users |
| industrial user | a business that buys material services or goods that will be used to make other good or used in the operation of the company |
| intermediaries | channel members operating between the producer and the consumer or industrial user to help in the movement of goods and services also know as middlemen |
| middlemen | see intermediaries |
| producers | the people who make or provide goods and services |
| product | a good or service that a company sells to customers |
| retailer | a business that buys consumers goods or services and sell them to the ultimate consumers |
| services | intangible activities that are performed by other people for money productive acts that satisfy economic wants |
| ultimate consumers | people who personally use a good service to satisfy their own needs or wants also known as final consumers |
| wholesalers | intermediaries that help move goods between producers and retailers by buying goods from producers and selling to retailer |
Created by:
valorie.b923
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