Offering credit to buyers and providing refund services for products are both examples of ________ functions provided by channel intermediaries.

Question

Quizplus · Accepted Answer

Facilitating functions include credit, financing, payment, and risk taking services provided by intermediaries to help in the completion of transactions. Providing refund services is also a facilitating function as it helps to reduce the buyer's risk and can be seen as a form of after-sales service. Communication, marketing, promotional, and management functions are other types of channel intermediary functions.

Offering Credit to Buyers and Providing Refund Services for Products