In many of the developing international markets, the choice of channels of distribution is crucial to the success of a company’s international marketing strategy. Explain what is meant by channels of distribution and outline the strategic importance of this to the company.
Answers
Channels of distribution refer to the means by which products are transported from the manufacturer to the customer. In other words, it's a path that manufacturers, wholesalers, and retailers use to sell and distribute goods to consumers, who are the final customers.
There are three main types of channels of distribution, which are Direct Channels, Indirect Channels, and Dual Distribution.
Direct Channels: These are the channels of distribution that provide a direct connection between the producer and the consumer. A direct distribution channel eliminates intermediaries, making it more cost-effective.
Indirect Channels: These are channels of distribution that include intermediaries such as wholesalers, retailers, and agents. These intermediaries are responsible for promoting, storing, and distributing the goods.
Dual Distribution: Dual distribution is a channel of distribution that combines both direct and indirect channels of distribution in order to reach the end consumers. The strategic importance of channels of distribution to companies cannot be overemphasized. Channels of distribution play a vital role in helping companies reach new customers and build brand recognition. They can also impact sales volume, market share, and profitability.
Below are some of the strategic importance of channels of distribution to a company:
1. Increased Sales Volume: Channels of distribution enable manufacturers to expand their market coverage, reach more customers, and increase sales volume.
2. Cost Reduction: Channels of distribution help manufacturers to reduce their distribution costs, improve efficiency, and streamline their supply chain.
3. Market Expansion: Channels of distribution offer manufacturers the opportunity to enter new markets and expand their market share.
4. Brand Building: Channels of distribution help manufacturers to build their brand recognition by increasing visibility and exposure of their products to the end-users.
5. Increased Profitability: Channels of distribution help manufacturers to increase profitability by reducing costs, expanding sales volume, and increasing market share.
to know more about strategic importance visit:
https://brainly.com/question/13500889
#SPJ11
Related Questions
a company that promotes their athletic socks for their ability to control sweat and odor are basing their promotion on which affective preservation motive?
Answers
A company that promotes their athletic socks for their ability to control sweat and odor are basing their promotion on which affective preservation motive need for tension reduction.
Promotion in marketing is any sort of marketing communication that aims to persuade target audiences of the relative qualities of a given good, service, idea, or brand. It aids marketers in establishing a memorable spot in clients' minds. This place can be either cognitive or emotional. Promoting a product or service is intended to raise brand awareness, spark interest, enhance sales, or foster brand loyalty. One of the fundamental components of the market mix, which also consists of the four Ps (product, pricing, location, and promotion).
One of the components of the promotional mix or promotional plan is promotion. These include event marketing, exhibits, and trade shows, as well as personal selling, advertising, sales promotion, direct marketing exposure, and word of mouth.
Learn more about promotion here:
https://brainly.com/question/20472836
#SPJ4
most stock exchanges today use electronic trading
Answers
(Not sure what was the question about but I’m guessing it’s a true/false?)
hope this helps :)
Why are more top managers recognizing the importance of purchasing/supply management?
Answers
The pinnacle managers apprehend the significance of buying/supply management: SCM improves courting construction and innovation and improves popularity, time, aggressive blessings, and an operating fee of the enterprise.
Supply management is the act of identifying, acquiring, and handling assets and providers which might be critical to the operations of a company. It includes the purchase of physical goods, statistics, services, and other essential source that permit a business enterprise to maintain working and growing.
supply chain control is the management of the float of products and services among groups and places. this could encompass the motion and storage of uncooked substances, work-in-method inventory, finished items, and stop-to-stop order fulfilment from the factor of starting place to the point of consumption.
Supply management is the practice of coordinating the diverse activities vital to producing and delivering goods and services to a commercial enterprise's customers. Examples of deliver chain activities can encompass designing, farming, production, packaging, or transporting.
Learn more about Supply management here: https://brainly.com/question/25160870
#SPJ4
Why is choosing an appropriate mortgage potentially even more important than choosing an appropriate auto loan?
Answers
The statement was the explain are appropriate mortgage potentially is the Annual Percentage Rate (APR) are the important to the appropriate auto loan is the monthly, and the short terms fees.
What is mortgage?A mortgage is an arrangement that grants the right to seize property between a borrower and a lender. Interest is added to any borrowed money that is not repaid by the borrower. There are various types of mortgage are adjustable-rate mortgages, government-insured mortgages, conventional mortgages, and jumbo mortgages.
Annual Percentage Rates (APR) are potentially used in a suitable mortgage is the interest rate and the loan period it was not the monetary compensation. Because of the low rate, the additional fees will have little effect on the overall cost of the car. A suitable vehicle loan is determined by the loan balance, fees and charges, and the concluding remarks.
As a result, the appropriate mortgage potentially is the Annual Percentage Rate (APR) are the long term to the appropriate auto loan is the monthly, and the short terms fees.
Learn more about on mortgage, here:
https://brainly.com/question/15074748
#SPJ6
what should an entrepreneur focus on during early growth
Answers
Entrepreneurship is an exciting and challenging journey that can be very rewarding when approached with the right mindset and focus. During the early stages of growth, an entrepreneur needs to focus on several critical areas to ensure that their business thrives and achieves its objectives.
One of the most important areas that an entrepreneur should focus on during early growth is creating a sustainable business model. This involves developing a clear understanding of the market and identifying the customer needs that the business can satisfy.
Entrepreneurs need to create a product or service that solves a significant problem or fills a gap in the market. They should also focus on developing a strong value proposition and positioning their offering as unique and valuable to their target audience.
Another key area for an entrepreneur to focus on during early growth is building a team of talented and motivated individuals. The team should be composed of individuals with complementary skills and a shared vision for the business.
The entrepreneur needs to identify the roles and responsibilities that need to be filled and hire the best individuals to fill those roles. Additionally, they should create a culture of teamwork, open communication, and continuous learning to ensure the team works effectively together.
Entrepreneurs need to keep accurate and up-to-date financial records to understand the performance of the business and make informed decisions. They should also focus on building a cash reserve and managing expenses to ensure that the business remains profitable and sustainable in the long run.
Know more about "Entrepreneur":-
https://brainly.com/question/28225262#
#SPJ11
You have a startup company that is not particularly well known. Your annual sales at the end of year 1 are $100,000. Due to hard work, however, you expect that your sales will grow by 25% every year. What type of cash flow is this? Irregular Series Gradient Series Geometric Series Uniform Series
Answers
The cash flow described in this scenario is a geometric series characterized by a constant growth rate of 25% each year.
The type of cash flow described in this scenario is a geometric series. A geometric series is a sequence of numbers in which each term is obtained by multiplying the previous term by a constant ratio. In this case, the annual sales are expected to grow by 25% each year, which means the sales for each subsequent year will be 1.25 times the previous year's sales.
The annual sales of $100,000 at the end of year 1 serve as the starting point, and by applying the growth rate of 25% (or 1.25), we can calculate the sales for each subsequent year. The sales for year 2 would be $100,000 x 1.25 = $125,000, for year 3 it would be $125,000 x 1.25 = $156,250, and so on.
This pattern continues indefinitely, with each year's sales being 25% higher than the previous year. A geometric series is characterized by its constant ratio between consecutive terms, making it suitable for modeling scenarios with consistent growth rates over time.
To learn more about cash flow
https://brainly.com/question/735261
#SPJ11
Which statement best explains the decrease in manufacturing jobs over the next few years?
1)There is not enough demand for manufactured goods.
2) These jobs are often outsourced to overseas factories.
3)There are not enough skilled workers to fill the positions.
4)The cost of technical training and on-the-job training is high.
Answers
Answer:
2) These jobs are often outsourced to overseas factories.
Explanation:
The correct option is B. These jobs are often outsourced to overseas factories which best explains the decrease in manufacturing jobs over the next few years.
What is the effect of outsourcing jobs?Outsourcing jobs enables American businesses to compete more effectively on a global scale. With abroad branches, they are able to sell to foreign markets. By employing in developing nations with lesser standards of living, they maintain low labor prices. As a result, the prices of the commodities they ship back to the US are reduced.
Production outsourcing has significant effects on labor and material costs, with a tendency to drive up material costs and drive down labor costs. This study also demonstrates that process techniques do not moderate the impact of high levels of supplier integration on total COGS.
The best choice is B. The loss in manufacturing jobs over the next years can be best explained by the fact that these positions are frequently outsourced to manufacturers in other countries.
Learn more about Outsourcing here:
https://brainly.com/question/14202035
#SPJ2
The main job of an editor is to do
which of the following?
A. hire good writers
C. gain financial support
B. assign stories to be covered
D. proof-read articles
Answers
Answer:
b assign stories to be covered
Answer:
I think its B????
Explanation:
Converse, Hollister and more have been accused of using child labor so they can
increase profit. It's more expensive to produce items in North America or other
developed countries than elsewhere because they have higher minimum wages. For
example, instead of paying $10 to someone making clothes in Canada per hour,
companies can pay workers 10 cents (Canadian money) each week in India. It's easy
to replace workers if they like, it's also dependable because workers in India are
forced to work and they'd be abused if they refuse or disobey their orders. What is
this?
A. Trade Deficit
B. Sweatshop
C. Countertrade
D. Strategic Alliance
Answers
Answer:
B. Sweatshop
Explanation:
let me know if I'm wrong
Who carries the animal from the farm to the market or packer?
A. Producer
B. Proccessor
C. Transporter
D. Consumer
Answers
Answer:
was it a passage u had to read?
Explanation:
Answer:
Transporter
Explanation:
You are transferring the animal to the market from the farm.
What is media research?
Question 5 options:
Research about print advertising only
Research that studies media effectiveness, selection, frequency, and ratings
Research that was invented by Nielsen Media Research, Inc.
Research that is always qualitative
Answers
Correct alternative is Research that studies media effectiveness, selection, frequency, and ratings.
Media lookup is the learn about of the have an effect on of mass media on the components of social, physical, and psychological lives of people. It includes the learn about of facts related to mass communication.
What is an instance of media research?Media Research Example
An example can be time a character spends with a precise medium like a TV channel, radio station or social media platform. The effectiveness in phrases of time spent, interactions etc. are measured. It also includes the fees related with every channel and ROI provided.
Learn more about media research here:
https://brainly.com/question/30590232#SPJ1red when choosing a form of ownership
o
Read the scenario below and answer the questions that follow
SHINING STAR BUS COMPANY (PTY) Ltd
Shining Star Bus Company (Pty) Ltd transport passengers to different provinces at a
reasonable price. The management of the company wants to convert the company into a
company that will allow them to sell shares to the public through the Johannesburg
Security Exchange(JSE).
1.6.1 Identify TWO forms of ownership that are represented by the scenario above
Motivate your answer by quoting from the scenario.
Answers
Answer:
see below
Explanation:
1. Private Limited Company
A private limited company is an acknowledged legal entity whose shares are held privately by the founders. The shareholders are the owners. They are not allowed to trade their shares to the public through the security exchange. SHINING STAR BUS COMPANY (PTY) Ltd is currently a limited private company. Transfer of shares has to be between the existing shareholders, the bus company, and requires authorization. The shareholders have limited liability to the company's debts and are entitled to a share in the company profits.
2. Public Limited Company
A public limited company is recognized as a legal and separate entity from its owners. Unlike a private limited company, the shares of a public limited company are traded in the security exchange markets. It means ownership of a public company is open to the public. The management of SHINING STAR BUS COMPANY (PTY) Ltd wants to convert it to a public limited company. After the conversion, its shares will be traded at the Johannesburg Security Exchange(JSE).
usually, your audience is more aware of your nervousness than you are.true or false
Answers
The statement "usually, your audience is more aware of your nervousness than you are" is true because when people are nervous, they tend to experience physical symptoms such as sweating, fidgeting, or stumbling over words.
When you are nervous, your body can exhibit physical signs such as sweating, trembling, or a shaky voice, and your audience may notice these signs. However, it is not always the case that your audience is more aware of your nervousness than you are.
Some people may experience nervousness in a way that is not visible or apparent to others, and it is also possible to manage nervousness and present confidently even when feeling nervous internally. Therefore, while it is generally good to be aware of and manage nervousness, it is not helpful to assume that your audience is always more aware of your nervousness than you are.
Learn more about nervousness https://brainly.com/question/30125028
#SPJ11
Caitlyn has worked in HR for Clearwater Electronics for more than 20 years. She has found that many employees are now more concerned with working in an environment where they can grow personally than with their level of compensation. How can Caitlyn and the HR department best provide opportunities for their employees to grow?
Answers
Answer:
A) HR can provide training and development activities to help employees improve.
Explanation:
In a work environment where employees prioritize personal growth, it is necessary for the human resources department to implement training and development strategies for employees.
The focus on training and organizational development allows companies to develop diagnoses, discover the potential of employees, correct errors, reorganize the work according to the potential of each employee, etc., which makes the work more satisfying, more productive because it motivates and increase employee satisfaction, in addition to being essential for the development of creativity, innovation and differentiated skills.
The best way that Caitlyn and the HR can best provide opportunities for their employees to grow is through the provision of training and development activities to help employees improve.
This question obviously tells us that the employees are less concerned about the pay they receive compared to the growth that they can attain personally.
A way that would help them to attain the growth in their job is through trainings and other development activities.
These would help them to learn new skills and also get better at their jobs.
Read more on https://brainly.com/question/19089510?referrer=searchResults
Arrange the following revenues in the federal government, from greatest to
least.
Drag each item to put them in the correct order.
(2 points)
= excise taxes
= Social Security and Medicare taxes
= corporate income taxes
= individual income taxes
= customs duties
= miscellaneous revenue
Answers
Social Security and Medicare taxes
Corporate income taxes
Excise taxes
Custom duties
miscellaneous revenue
After a bank reconciliation is completed, journal entries are prepared for items in the balance per company's records as well as items in the balance per bank statement (T/F).
(F)alse
Answers
The answer is true. Depending on the bank, there may or may not be a link under "Account" or "Account Services" at the top of the page for "Statements."
You can download PDF copies of your bank statements as soon as you locate this page. A bank statement is a summary of all the transactions that have occurred in your account over a specified time frame, typically a month. Account balances, deposits, withdrawals, fees, and contact details are just a few of the details that may be found on statements. A proof of funds is a piece of documentation that proves someone or something has the money to cover a particular transaction.
To learn more about bank, click here.
https://brainly.com/question/15062008
#SPJ4
smith heat and air inc. are going out of business. they plan to box up all employee, wage, and payroll tax records and place them in secure storage.
Answers
As Smith Heat and Air Inc. is going out of business, they have decided to box up all employee, wage, and payroll tax records and securely store them.
This action is crucial for maintaining proper documentation and adhering to legal and regulatory requirements. By storing these records securely, the company ensures the preservation of important employee information, including wage records and payroll tax details. This organized approach allows for easy access to historical records, which may be needed for future reference, audits, or compliance purposes.
It demonstrates a responsible and diligent approach to managing sensitive employee data even after the company ceases operations.
Learn more about payroll tax
https://brainly.com/question/28427084
#SPJ4
David Harbert recently started a business. During the first few days of operation, Mr. Harbert transferred cash from his personal account into a business account for a company he named Harbert Enterprises. Mr. Harbert’s brother, George, invested cash in Harbert Enterprises for which he received a 25% ownership interest in the company. Harbert Enterprises borrowed cash from First Federal Bank. Harbert Enterprises paid cash to purchase a building from City Properties, Inc. How many reporting entities are mentioned in this scenario
Answers
Answer:
5
Explanation:
A reporting entity is any entity in men or organizations that depends on the financial report produced by an organization for an understanding of the financial performances and position for the purpose of decision making. This can be investors and other stakeholders in the business.
In the scenario given , the relative parties that will rely of the financial report are
David Herbert as the Entrepreneur , Herbert Enterprises which prepare the report ,George , Herbert's brother an investor , First federal bank , a loan provider and City properties.
The area of accounting that provides external users with information is called _____.
a. managerial accounting
b. financial accounting
c. tax accounting
d. None of these choices are correct.
Answers
The Martins' household income is $123,000 per year. However, this family estimates that they have $45,000 available to spend on nonessentials such as vacations and entertainment. The $45,000 represents the Martins' _____.
Answers
The $45,000 represents the Martins' disposable income.
Disposable income is an economic term that refers to the amount of money that households have left after paying taxes. Disposable income is a critical measure for economic analysis since it offers insights into household spending patterns and economic activity. The disposable income of a household is determined by subtracting mandatory taxes (including payroll, property, sales, and state and local taxes) from household income.
Disposable income refers to the amount of money that remains after paying mandatory taxes. It does not include expenses such as mortgages, rent, utilities, or any other essential expenses, but rather the amount of money that households have left to spend or save as they see fit.
A nonessential spending refers to spending money on goods and services that are not required for survival, such as vacations, movies, entertainment, or eating out. While nonessential spending is not essential, it can help households achieve a better quality of life, increase happiness and well-being, and promote economic growth by driving consumer spending. Therefore, $45,000 represents the Martins' disposable income.
Learn more about income here: https://brainly.com/question/13793671
#SPJ11
Showing your personality can help you...
Decrease the number of dislikes on your videos.
Get more interview requests.
Get more engagement on your channel.
Get set up for live streaming.
Answers
what is it called when the government uses some tool other than money to allocate goods?
A. rationing
B. supply management
C. disequilibrium
D. resource allocation
Answers
Its rationing easily
I will mark you as brainliest!!
What is stock turnover?
A. How long customers have own the products they've purchased
B. How quickly inventory sells
C. How much it costs to keep inventory
D. How the stock market affects inventory
Answers
Answer:
d.how the stock market affects inventory
Explanation:
a stock turnover is the rate at which a company's goods are sold and replaced. I hope that helped <3
stock movement Effects of the stock market on inventory Thus option (D) is correct.
What is the stock price?A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.
Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges. This technique is founded on the assumption that investors operate rationally and without bias, and that they evaluate the value of an asset at any given time based on future expectations.
Therefore, Thus option (D) is correct.
Learn more about stock prices here:
https://brainly.com/question/15021152
#SPJ2
What company created the FICO score?
Answers
Answer:
FICO (legal name: Fair Isaac Corporation), originally F air, I saac and Co mpany, is a data analytics company based in San Jose, California focused on credit scoring services. It was founded by Bill Fair and Earl Isaac in 1956. Its FICO score, a measure of consumer credit risk, has become a fixture of consumer lending in the United States.
Explanation:
Fair Isaac Corporation
The following selected transactions were completed during June between Snipes Company and Beejoy Company: June 8. Snipes Company sold merchandise on account to Beejoy Company, $18,250, terms FOB destination, 2/15, n/eom. The cost of the merchandise sold was $10,000. 8. Snipes Company paid transportation costs of $400 for delivery of merchandise sold to Beejoy Company on June 8 . 12. Beejoy Company returned merchandise with a selling price of $5,000 ( $4,900 net of discount) purchased on June 8 from Snipes Company. The cost of the merchandise returned was $3,000. 23. Beejoy Company paid Snipes Company for purchase of June 8 , less refund on return of June 12. 24. Snipes Company sold merchandise on account to Beejoy Company, $15,000, terms FOB shipping point, n/eom. The cost of the merchandise sold was $9,000. 26. Beejoy Company paid transportation charges of $375 on June 24 purchase from Snipes Company. 30. Beejoy Company paid Snipes Company on account for purchase of June 24. Instructions mlustrate the effects of each of the preceding transactions on the accounts and financial statements of (1) Snipes Company and (2) Beejoy Company. Identify each transaction by date.
Answers
To report the transaction by date you need to separate the transaction by company and then organize the transactions according to when they were completed.
What transactions were completed by each company?Snipes Company:
June 8: Accounts Receivable (+A) $18,250 /Sales Revenue (+R) $18,250 / Cost of Goods Sold (+E) $10,000 (Inventory (-A) $10,000 /Freight Out (+E) $400 /Cash (-A) $400June 12: Sales Returns and Allowances (-R) $5,000 /Accounts Receivable (-A) $5,000 /Inventory (+A) $3,000 / Cost of Goods Sold (-E) $3,000June 24: Accounts Receivable (+A) $15,000 /Sales Revenue (+R) $15,000/ Cost of Goods Sold (+E) $9,000 /Inventory (-A) $9,000June 30: Cash (+A) $15,000 /Accounts Receivable (-A) $15,000Beejoy Company:
June 8: Merchandise Inventory (+A) $18,250 and Accounts Payable (+L) $18,250June 12: Sales Returns and Allowances (+R) $4,900 /Accounts Payable (-L) $4,900 /Merchandise Inventory (-A) $3,000 /Cost of Goods Sold (+E) $3,000June 23: Accounts Payable (-L) [Offset by return refund]June 24: Merchandise Inventory (+A) $15,000 /Accounts Payable (+L) $15,000June 26: Freight In (+E) $375 /Accounts Payable (-L) $375June 30: Accounts Payable (-L) $15,000/ Cash (-A) $15,000Learn more about transactions in https://brainly.com/question/24730931
#SPJ1
whats a good website to create an anime blog
Answers
Best Blogging Sites: WordPress.org for complete control. WordPress.com makes it easy to get started. Ghost as a WordPress alternative. Wix makes it easy to create multiple blogs.
Blogger can use its own domain for free. Examples of blog posts include beauty product recommendations, travel and vacation reviews, and personal blog posts. Where does most of the money for cartoonists come from? Royalty payments for collected volumes or tank subscriptions are the biggest part of a cartoonist's money. In 2009, the average cartoonist (comics not published in jumps or magazines) paid for his It was estimated that he earned 2.8 million yen in royalties.
Anime animators are professionals who create specific genres of Japanese manga. Draw pictures by hand and use computer software to transform them into digital animations.
The possibilities for blogging are virtually endless. Adam Enfroy, who started blogging about blogging as a side business in 2019, just two years later made his $1.5 million from the blog.
Know more about blog here:
https://brainly.com/question/13626995
#SPJ1
Answer:
Red-dit and In-stagram.
Don’t ask me why I have years of experience.
(｀_>´)ゞ
Will's Whitewater Rafting sold 3 acres of land used in the business. The sales price was $6,000 and the adjusted basis of the land was $4,200. Will receives a down payment of $4,000 at the time of sale and will receive the remaining $2,000 early next year. The realized gain on the sale is $
Answers
Answer:
The realized gain on the sale is $1,800
Explanation
Adjusted basis is defined in tax accouting as the residual cost after deducting various related tax items.
Since
Selling Price = $6,000
Adjusted basis = $4,200
Therefore, the gain realized on the sale is
Sales - Adjusted basis
= $6,000 - $4,200
= $1,800
Which conditions contribute to engine deposits ?
Answers
Answer: oxidation
combustion byproduct
road dust and dirt
moisture and acid.
Explanation:
One of the main cause of engine deposit is when one drives in areas whereby there are usually high temperature. In such scenarios, the excessive heat can lead to breakdown in the oil which results into engine deposits.
Other causes of engine deposit are oxidation, dust and dirts, the byproducts gotten from combustion etc.
the describes and organizes an integrated set of guidance, programs, and processes to enable the national preparedness goal.
Answers
The national preparedness system describes and organizes the set of guidance, programs, and processes to enable the national preparedness goal.
The national preparedness system is a set of systematic approaches based on proven preparedness activities. These systematic approaches are intended to tackle the situation during natural hazards and manmade threats such as catastrophic disasters, terrorism, pandemics, and cyber attacks.
The national preparedness system analyses the risk and determines the capabilities required to address these risks, establishing and sustaining these capabilities, plans to sustain these capabilities, monitoring the response of the capabilities during the time of risk, and improving them further.
This system describes the country's approach toward national preparedness.
Learn more about national preparedness system here https://brainly.com/question/17095240
#SPJ4
Trisha is working on putting together pictures of all of the best wedding cakes that
she has decorated and designed throughout her culinary career. She is hoping this compilation will help her get a job at the catering company that she has been wanting to work at for years. What is Trisha putting together to show her potential employer?
A. portfolio
B. resume
C. work visa
D. letter of intent
Answers
Answer:
A. Portfolio Is the Anwser to the Question