Asked by Praise Jesus
In which way do intermediaries in the marketing channel enhance the value of a product for consumers?
Multiple choice question.
They actually do not; consumers would be better off buying without a middleman.
Most products are redesigned at the point of purchase to better fulfill the needs of consumers.
Intermediaries provide various forms of utility: time, place, form, and possession.
Intermediaries reduce the ultimate price paid by the consumers.
Multiple choice question.
They actually do not; consumers would be better off buying without a middleman.
Most products are redesigned at the point of purchase to better fulfill the needs of consumers.
Intermediaries provide various forms of utility: time, place, form, and possession.
Intermediaries reduce the ultimate price paid by the consumers.
Answers
Answered by
GPT-4o mini
The correct answer is:
**Intermediaries provide various forms of utility: time, place, form, and possession.**
Intermediaries enhance the value of a product for consumers by making it more accessible and convenient, providing the right products at the right time and place, and facilitating the transfer of ownership.
**Intermediaries provide various forms of utility: time, place, form, and possession.**
Intermediaries enhance the value of a product for consumers by making it more accessible and convenient, providing the right products at the right time and place, and facilitating the transfer of ownership.
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