Explain five roles that intermediaries play in the distribution of goods and services.

      

Explain five roles that intermediaries play in the distribution of goods and services.

  

Answers


kinyua
i) Provides a link between producers and consumers/reduces the
Number of transactions between producers and consumers/producers are linked to various
consumers/consumers are linked to various producers.
ii) Breaks bulk to allow consumers buy/get goods in convenient sizes/on behalf
of producers.
iii) Accumulates bulk from various (small-scale) producers/that is convenient to large-scale
consumers.
iv) Provides transport to producers/consumers.
v) Stores goods for producers/until required by consumers.
vi) Provides a variety of goods to consumers/from various producers/at one place.
vii) Provides finance to the producer by promptly paying the producer.
viii) Carries out product promotion on behalf of producers/by passing relevant information about
products to consumers.
ix) Assist in market research by passing information about the market to producers.
x) Take up risks in distribution of goods by Possessing/transporting/storing of goods/on behalf of
producers.
xi) Availing goods to consumers at convenient locations/by ensuring steady supply of goods to
consumers.
xii) Prepare goods for sale by sorting/grading/branding/accept any example of preparation for sale
as explanation.
monica20 answered the question on November 11, 2017 at 11:04


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