Which of the following statements is true of channel members?

Question

Quizplus · Accepted Answer

Channel members provide contact efficiency by facilitating communication and exchange between producers and consumers. Merchant wholesalers create time utility, by making products available when consumers need them. Agents and brokers do not take ownership of goods, they facilitate the sale of goods and earn a commission. The statement "they provide generalization of labor" is not a true statement of channel members.

Which of the Following Statements Is True of Channel Members