A. banking
B. insurance
C. manufacturing
D. railway

Correct Answer:

Option C – manufacturing

Explanation

In the field of marketing, channels of distribution indicate routes or pathways through which goods and services flow or more from producers to consumers. A channel of distribution is a path traced in the direct or indirect transfer of ownership of a product as it moves from producers to consumers. The transportation, retailing or wholesaling of goods wouldn’t be possible without the manufacturing industry to actually transform these raw materials to consumables.

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