The channel of distribution is said to be a network of institutions that perform a variety of interrelated and coordinated functions in the movement of goods ...
Mercantile agents: Such agents are also called functional middlemen. Their work is to operate on behalf of the owners. The functions performed by them are ...
Commission agent: As the name suggests, he is the one who takes certain amount as a commission for performing his duty. Various functions are also performed by ...
Wholesaler: Wholesaler is any individual or a firm that sells goods in large quantities to the buyers who are not the ultimate consumers. They are the ...
Channel of distribution is said to be a network of various institutions that perform various interrelated and coordinated functions in the movement ...
The factors influence the choice of distribution channel. They are: Characteristics of the product: If the . products are perishable in nature like eggs, ...
Who is a Middleman? Explain briefly the role and importance of middlemen in the distribution system.
Middlemen is said to be an intermediary between the producer and consumer to help distribution of goods. With the help of middlemen, goods can be delivered ...
There are two types of middlemen functional middlemen and merchant middlemen. Functional Middlemen: They are also called mercantile middlemen. They work on ...
Direct Channel: It is one of the types of distribution channels. In a direct channel, no middlemen is involved between producer and consumer and the producer ...
Functions carried out by Distributions Channels: There are three types of functions carried on by' distribution channels. Transactional functions: These ...
Nomination by an employee under the Payment of Gratuity Act, 1972: The employee has the right to appoint a nominee who can legally recover the amount of ...
Dissolution of Partnership and Dissolution of Firm : A change in business relations among partners is known as 'Dissolution of Partnership'. In the dissolution ...