Chapter 41: Place

19leesia
Flashcards by 19leesia, updated more than 1 year ago
19leesia
Created by 19leesia about 5 years ago
3
2

Description

GCSE Business Studies Flashcards on Chapter 41: Place, created by 19leesia on 02/23/2016.

Resource summary

Question Answer
distribution channels a route taken by a product from the producer to customer
Types of direct selling shopping parties telephone selling direct mail mail order catalogues door-to-door selling internet direct response advertisments
direct selling where businesses sell their products directly to customers
retailer business that buys goods from manufacturers and wholesalers and sells them in small quantities to consumers
types of retailing independents super/hypermarkets multiples kiosks/street vendors department stores online retailers supermarkets market traders
wholesalers a business that buys goods from manufacturers and sells them in smaller quantities to retailers
agent/ broker an intermediary that brings together buyers and sellers
where are agents or brokers usually found? insurance, flight and holiday companies
producer a firm that supplies goods/services
Show full summary Hide full summary

Similar

Forms of Business Ownership Quiz
Noah Swanson
Market Segementation
Noah Swanson
Business Studies: Marketing
Harriet Glover
3.1 Keywords - Marketing
Mr_Lambert_Hungerhil
What is business activity? (1)
olivia.franklin
3.2 Keywords - Meeting Customer Needs
Mr_Lambert_Hungerhil
3.3 Keywords - Effective Financial Management
Mr_Lambert_Hungerhil
Chapter 40: Promotion
19leesia
Unit 1: Business Studies GCSE
Libby Rose
Types and Components of Computer Systems
Jess Peason
BELIEVING IN GOD- UNIT 1, SECTION 1- RELIGIOUS STUDIES GCSE EDEXCEL
Khadijah Mohammed