Which of the following best describes classical market contracting?
A) distributing benefits to channel members
B) delegating channel functions to third parties
C) taking responsibility for all channel functions
D) sharing channel function risks with third parties
E) merging with a third party to meet channel demands

Question

Quizplus · Accepted Answer

Classical market contracting typically involves delegating channel functions to third parties, allowing companies to specialize and improve efficiency by outsourcing certain tasks or functions to external organizations that possess the requisite expertise or resources.

Which of the Following Best Describes Classical Market Contracting