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Give the meaning of 'channel of distribution'. - Entrepreneurship

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Question

Give the meaning of 'channel of distribution'.

Short Answer

Solution

The path or route that products and services take from the manufacturer or producer to the end user is referred to as a channel of distribution. It encompasses all of the middlemen involved in getting goods to market, including distributors, retailers, wholesalers, and agents. 

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2021-2022 (April) Term 2 - Set 4
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