Final answer:
The correct answer is B) distribution channel. The distribution channel refers to the route or path that a product takes from the raw materials stage to the final buyers. It involves all the processes and activities involved in getting the product from the manufacturer to the consumer.
Step-by-step explanation:
The correct answer is B) distribution channel.
The distribution channel refers to the route or path that a product takes from the raw materials stage to the final buyers. It involves all the processes and activities involved in getting the product from the manufacturer to the consumer. This includes transportation, storage, packaging, and retailing.
For example, in the case of the iPhone mentioned in the provided information, the distribution channel includes the design and engineering in the United States, sourcing parts from Korea, assembly in China, and advertising and marketing in the United States.