Which of the following best differentiates a two-level channel from a three-level channel?

1
Two-level channels use one intermediary, while three-level channels use two.
2
Two-level channels include a wholesaler and a retailer, while three-level channels add a jobber between the wholesaler and retailer.
3
Two-level channels are used in industrial marketing, while three-level channels are exclusive to consumer marketing.
4
Two-level channels involve reverse logistics, while three-level channels do not.
5
Two-level channels rely on online sales, while three-level channels rely on physical distribution.

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