Question: Intermediaries have three basic functions in the distribution / marketing channel. Regarding the 'transactional basic function' of intermediaries, which one is incorrect? The 'transactional basic

Intermediaries have three basic functions in the distribution/marketing channel. Regarding the 'transactional basic function' of intermediaries, which one is incorrect?
The 'transactional basic function' means that intermediaries take risks by stocking merchandise in anticipation of sales.
The 'transactional basic function' means that intermediaries buy merchandise in anticipation of sales.
The 'transactional basic function' means that intermediaries sell merchandise to other retailers.
The 'transactional basic function' means that intermediaries buy, sell and take risks by stocking merchandise in anticipation of sales.
The 'transactional basic function' means that intermediaries make products more attractive to buyers.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Benchmarking: An International Journal Impact of e-procurement on procurement practices and performance Gioconda Quesada Marvin E. Gonzlez James Mueller Rene Mueller Downloaded by UNIVERSITY OF...

Q:

chapter 6 \" International Management It was once said that the sun never set on the British Empire. Today, the sun does set on the British Empire, but not on the scores of global empires, including...

Q:

Hi Sara Hope you are doing well. I need to prepare Ratio Analysis for eBay company and Amazon. I uploaded the most recent 10-K report for the most recent years, 2014 to 2016. Please let me know if...

Q:

TYPE OF FUNCTION ACTIVITIES RELATED TO FUNCTION - Buying: Purchasing products for resule or as an agent for supply of a product - Selling: Contacting potential customers, promoting products, and...

Q:

Crime Law Soc Change (2012) 58:93-109 DOI 10.1007/s10611-012-9379-9 Filling the gap of formal institutions: the effects of Guanxi network on corruption in reform-era China Jing Vivian Zhan Published...

Q:

1. Is the link between the supply chain and marketing important? 2. How is it important for marketers to know about logistics and supply chain? 3. Does today's digital and fast-paced business require...

Q:

I have attached the discussion board 6 questions,scenario. and lectures for yourreview and response. I will submit a students questions for a response when I receive one. Thank You MKT500 Discussion...

Q:

create a value stream map for the mailroom categories 1-3 (page 6). Start your value stream map woth delivery of the mail to ING. . Additional information: Assume 1000 pieces of mail for your...

Q:

Plese help me sum up all of these 16.4 Managing and controlling distribution channels In the beginning of a market entry, partnerships with local distributors make good sense Distributors know the...

Q:

Instructions 10% Deduction for Each Day Late Create a current state map for the mailroom operation for categories 1-3 (page 6). Start your value stream map with delivery of the mail to ING. ....

Q:

how are humans and nonhuman animals connected? write at least 500 words

Q:

The normal p.d.f. has points of inflection at x = + and x = - a for any values of and . Show the above facts about the normal distribution.

Q:

For a given change in interest rates, the prices of long - term bonds will chan True False

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...