Economics · Marketing Management
Consider the following statements: Statement I: A distribution channel links manufacturers and final customers. Statement II: Distribution channels create time, place, and possession utilities. Select the correct option:
- 1Both the Statements are incorrect
- 2Both the Statements are correct✓
- 3Statement II is correct and Statement I is incorrect
- 4Statement I is correct and Statement II is incorrect
Correct answer
Both the Statements are correct
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