Discuss five factors that may influence the choice of distribution channel.
Answer Text: -Nature of market:If market is widely spread, one can choose a long channel and if is concentrated in one area a short channel-Nature of the product:e.g if the product is perishable, direct channel would be opted-Resources and size of business:a business with large market or without resources would use long channel and a firm with resources can sell directly- The intermediaries:A firm with the need of storage, breaking bulk would opt for long channel as opposed to the one without need forsuch services provided by intermediaries-A firm with reputation may sell through a longer channel whereas that without reputation would need to distribute through the short channel