Which of the following markets functions involves the actual movement of goods?
Answer Details
The market function that involves the actual movement of goods is the Distribution function. This function is responsible for physically transferring goods from producers to consumers, ensuring that the right products are in the right place at the right time. It includes activities such as transportation, warehousing, and inventory management. The other options listed are:
- Exchange function: matching buyers and sellers and facilitating transactions
- Facilitating function: providing support services such as financing and market research
- Marketing information function: collecting and analyzing data on consumer needs and preferences
- Stimulation function: promoting demand for products through advertising and other promotional activities.