7 Views

Question : Which of the following statement is correct?
Statement 1: If the number of buyers is large then it is better to take the services of middleman for the distribution of the goods.
Statement 2: Buyers can  be of two types general buyers and industrial buyers.

Option 1: Both are true 

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.

 


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: Both are true


Solution : Number of buyers and types of buyers are the market related factors affecting the choice of channels of distribution. If the number of buyer is large then it is better to make take the services of middleman for the distribution of goods. On the contrary the distribution should be done by the manufacturer directly if the number of buyers is less. Buyers can  be of two types general buyers and industrial buyers.

Hence, option A is correct.

Related Questions

Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Amity University Noida MBA Ad...
Apply
Amongst top 3% universities globally (QS Rankings)
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
UPES B.Tech Admissions 2025
Apply
Ranked #42 among Engineering colleges in India by NIRF | Highest Package 1.3 CR , 100% Placements | Last Date to Apply: 29th May
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books