Final answer:
Distribution refers to promoting and selling products or services to customers or prospective customers.
Step-by-step explanation:
The subject of this question is Business and the grade is High School.
The statement in question is TRUE. Distribution does refer to promoting and selling products or services to customers or prospective customers.
It is a crucial element of the marketing mix that involves getting products to the right place, at the right time, and in the right quantity.
For example, a company may use various distribution channels such as direct sales, retailers, wholesalers, or e-commerce platforms to reach its target market.
The distribution strategy may vary depending on the nature of the product, target audience, and market conditions.