A(n) ________ consists of one or more independent producers, wholesalers, and retailers, each seeking to maximize its own profits, sometimes even at the expense of the system as a whole.
A) multitiered supply chain
B) conventional distribution channel
C) intrinsic market matrix
D) resource bank
E) product platform

Question

Quizplus · Accepted Answer

The description given in the question best fits a conventional distribution channel, where each member of the channel focuses on their own profit rather than the efficiency of the entire system. A multitiered supply chain may also involve multiple levels of producers and distributors, but it typically implies a more coordinated and interdependent system. The other answer choices do not apply to the given scenario.

A(n) ________ Consists of One or More Independent Producers, Wholesalers