What do you mean by 'channels of distribution'? What functions do they play in the distribution of goods and services? Explain.

Explanation

A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end consumer. It can include wholesalers, retailers, distributors, and even the Internet.
Functions of Distribution Channels:

Following are the main functions performed by the distribution channels:


`1.`Sorting:
Middlemen obtain the supplies of goods from various suppliers and sort them out into similar groups on the basis of size, quality etc.


`2.` Accumulation:

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