ENTR 1 Module 4 Vocabulary

someone contracted to work on behalf of another party

• agent
• direct channel
• industrial user
• indirect channel

channel of distribution

• intermediaries
• indirect channel
• direct channel
• channel of distribution

distribution channel in which goods or services go directly from the manufacturer to the end user

• indirect channel
• direct channel
• channel of distribution
• intermediaries

distribution channel that used intermediaries, such as agents and wholesalers, to move products from the producer to the end consumer

• producer
• consumer
• ultimate consumers
• indirect channel

a business that buys materials, services, or goods that will be used to make other goods or used in the operation of the company

• consumer
• intangible
• industrial user
• ultimate consumers

people or businesses in between the manufacturers or producers and the end users of a product

• indirect channel
• intermediaries
• tangible
• retailers

a person, company, or country that makes, grows, or supplies goods or commodities for sales

• producer
• consumer
• retailers
• intermediaries

business that buys products from wholesalers or directly from producers, and sells them to consumers to make a profit

• wholesalers
• guarantee
• buyer
• retailers

people who personally use a good or service to satisfy their own wants/needs

• wholesalers
• invoice
• ultimate consumers
• manufacturer

businesses that purchase large amounts of goods directly from manufacturers to resale to various retailers

• buyer
• wholesalers
• manufacturer
• invoice