Fill in the blanks: The two major components of a market are ___ and ___.

Manufacturers and consumers

Which type of retailing store specializes in carrying a narrow product line with a deep assortment?

Specialty stores

Time utility is crucial for distribution.

• Enhances customer satisfaction significantly.

• Boosts sales through timely availability.

• Improves supply chain efficiency overall.

Fill in the blank: The ___ of distribution focuses on the physical flow of goods from producers to consumers.

Supply chain

What is the role of wholesalers in the distribution process?

Wholesalers facilitate product distribution.

• Buy in bulk from manufacturers.

• Sell smaller quantities to retailers.

• Reduce transaction numbers significantly.

True or False: E-tailing refers to the sale of goods in physical retail stores.

False. E-tailing specifically refers to selling goods and services to consumers over the Internet.

What are the three main types of distribution channels?

Direct channels, one-level indirect channels, and two-level indirect channels.

Fill in the blanks: ___ retailers sell products at lower prices by accepting lower margins and selling higher volumes.

Discount

What are the benefits of effective supply chain management?

Effective supply chain management provides many benefits.

• Enhances efficiency in order processing.

• Improves overall customer service quality.

• Reduces costs and optimizes resources.

What factors influence the selection of distribution channels?

Factors include product characteristics, company resources, market size and location, competition intensity, and environmental conditions.