Car dealers are financed by automobile manufacturers, and Walmart receives financing from its wholesalers and manufacturers. What marketing functions do such activities perform?

Question

Quizplus · Accepted Answer

These activities perform the financing function of marketing, which involves obtaining the funds needed to finance operations and investment in various marketing activities. Car dealers are able to obtain financing from automobile manufacturers to purchase their inventory and cover other expenses, while Walmart receives financing from its wholesalers and manufacturers to ensure a smooth supply chain and ample inventory levels.

Car Dealers Are Financed by Automobile Manufacturers, and Walmart Receives