Question $13(0\mathrm{.}2273$ points$)$

Which of the following statements is correct?

In a horizontal marketing system a supplier makes a deal with with a retailer.

Franchise organizations are example of a corporate marketing systems.

The overall profits of a conventional distribution channel can decrease if the same channel is transformed into a vertical marketing system

Each layer of marketing intermediaries that performs some work in bringing the product and its ownership closer to the final buyer is a channel level.

In a direct marketing channel, the manufacturer directly sells to the intermediaries, who then sell the products or services directly to the end customers.