A producer must modify its channel design and arrangements if ________.
A) consumer buying patterns change
B) the competition in the market stabilizes
C) the product is in the growth stage of its life cycle
D) the market size remains unchanged for a particular period
E) the firm's profits stabilize

Question

Quizplus · Accepted Answer

Consumer buying patterns are key indicators for a producer to change their channel design and arrangement. If the producer fails to adapt to changing consumer behavior, it may result in the loss of sales, market share, and revenue. Therefore, it is important for producers to keep a close watch on consumer buying patterns and modify their channel design and arrangements accordingly.

A Producer Must Modify Its Channel Design and Arrangements If