Intermediaries are often known as individuals who are known to be a link in the distribution process. They connect the various channel partners.
When an individual goes to a supermarket and selects a box of cereal from several choices of type, brand, and size, it is an example of the value of marketing intermediaries who provide an assortment.
There are four types of intermediary. They are
- Agents
- Wholesalers
- Distributor, and
- Retailers.
An organization often has many intermediaries in its distribution channel as they want.
Conclusively, amidst the types of intermediaries, helps provide several alternative to humans, so that we can choose base on our preference.
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Answer:
The idea behind opportunity cost is that the cost of one item is the lost opportunity to do or consume something else; in short, opportunity cost is the value of the next best alternative. Click to see full answer Herein, what is opportunity cost give example? Opportunity cost is the profit lost when one alternative is selected over another.
Explanation:
Answer:
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Explanation:
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In order to ensure that an item never comes up for consideration in the first place, individuals will sometimes try to control the agenda.
As agenda sets out the list of things to be discussed during the meeting, so if anybody wants to hide something then they can do it by controlling the Agenda.
Thus, it is clear from this definition that political action is any activity initiated to overcome opposition or resistance. If there is no opposition, there is no need for political activity.
Finally, leadership is the ability of an individual to elicit a response from others beyond required or mechanical compliance. It is this consideration aspect of leadership that distinguishes it from power and authority.
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