directing
organizing
controlling
planning
consulting
Correct answer is D
No explanation has been provided for this answer.
The last link in the chain of distribution is the?
wholesaler
retailer
consumer
factor
advertiser
Correct answer is B
A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the end consumer. It can include manufacturer ==> wholesalers ==>retailers==> consumers.
The chain of distribution always ends at the point where goods and services get to the final consumer and the retailer is that "last link'' that connects the goods to the consumer.
The word "link" means connection. Hence, the retailer is the last connection, (not the consumer) because the consumer is the final receiver and not a connector or giver.
Which of the following shows the financial position of a business on a given date?
Bank statement
Balance sheet
journal
Cash book
Trial Balance
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a problem of distribution, sales and merchandizing?
Transporting goods
Trade malpractices
Pressure of sales
Sales force complacency
Easy payment for purchases
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not one of the functions of warehousing?
Goods are avaiable where the are required
Goods are stored until the are required
Production takes place ahead of demand
changes are avoided in prices which may result from shortage and gults
Goods are available when required
Correct answer is A
No explanation has been provided for this answer.