Key Terms Flashcards
1
Q
Producer/Manufacturer
A
The business that makes the products.
2
Q
Wholesaler
A
The business that buys the product in bulk from the manufacturer and then sells it in smaller quantities to retailers.
3
Q
Retailer
A
A business that sells products to a customer.
4
Q
Consumer
A
The people who buy the product for their own use.
5
Q
Channels of Distribution
A
The stages it takes to get from the manufacturer to the consumer.
6
Q
Methods of distribution
A
Internet (e-commerce), door to door/telesales, mail order, vending machines.
