Question

A(n) __________ is the set of institutions that transfer the ownership of and move goods from the point of production to the point of consumption

Answer 1

The correct answer is: Marketing Channel.

Step-by-step explanation:

Marketing channels can be defined as the set of institutions and people that are required to transfer ownership of goods from the point of production to the point of consumption.

It is also known as a distribution channel and consists of all the institutions and marketing activities that are involved in the marketing process.