A) an intermediary that sells only to other intermediaries.
B) any intermediary between a manufacturer and industrial markets.
C) an intermediary that sells to other distributors.
D) an intermediary that takes possession of a product, alters it in some way, and then sells it to the ultimate consumer.
E) an intermediary that sells to consumers.
Correct Answer
verified
Multiple Choice
A) intensive distribution
B) extensive distribution
C) selective distribution
D) exclusive distribution
E) private label distribution
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verified
Multiple Choice
A) marketing network.
B) distribution hierarchy.
C) marketing chain.
D) distribution matrix.
E) marketing channel.
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verified
Multiple Choice
A) that achieves coordination at successive stages of production and distribution by contractual agreements between channel members.
B) that achieves coordination at successive stages of production and distribution by cooperation and consensus among all members of the marketing chain.
C) that achieves coordination at successive stages of production and distribution by the size and influence of one channel member rather than through ownership.
D) in which a channel member (producer, wholesaler, or retailer) is elected to coordinate, direct, and support all other channel members.
E) that is run and coordinated completely outside the traditional chain of distribution by a firm that specializes in that industry's specific logistics needs.
Correct Answer
verified
Multiple Choice
A) an indirect marketing channel.
B) a direct to consumer marketing channel.
C) a multimarketing channel.
D) channel bypass marketing.
E) personal selling.
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verified
Multiple Choice
A) Understand the supply chain.
B) Develop a list of qualified channel members.
C) Enumerate logistics specifications.
D) Compare multiple-channel alternatives.
E) Understand the customer.
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verified
Multiple Choice
A) create greater perceived value
B) maximize channel profits
C) minimize cannibalization
D) generate awareness
E) create a "backup" channel
Correct Answer
verified
Multiple Choice
A) Sherman Act
B) Robinson-Patman Act
C) Federal Trade Commission Act
D) Consumer Goods Pricing Act
E) Clayton Act
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verified
Multiple Choice
A) transactional
B) logistical
C) facilitating
D) buying
E) risk-taking
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verified
Multiple Choice
A) a contractual vertical marketing system
B) an administered vertical marketing system
C) a corporate vertical marketing system
D) an integrated marketing system
E) a corporate horizontal marketing system
Correct Answer
verified
Multiple Choice
A) unpredictable costs of transportation because of fuel prices.
B) product liability from poorly produced products that become defective.
C) the need to stock merchandise in anticipation of sales.
D) trying new promotional campaigns.
E) investments in new-product development.
Correct Answer
verified
Multiple Choice
A) multichannel distribution
B) a direct marketing channel
C) a cooperative distribution channel
D) a strategic channel alliance
E) a dual distribution agreement
Correct Answer
verified
Multiple Choice
A) strategic distribution.
B) distribution management.
C) a supply chain.
D) value chain optimization.
E) logistics.
Correct Answer
verified
Multiple Choice
A) a dual distribution network.
B) a refusal to deal.
C) an exclusive dealing.
D) a tying arrangement.
E) a resale restriction.
Correct Answer
verified
Multiple Choice
A) planning, implementing, and evaluating functions.
B) implementation, accommodating, and contractual functions.
C) contractual, facilitating, and logistical functions.
D) transactional, logistical, and facilitating functions.
E) facilitating, accommodating, and implementation functions.
Correct Answer
verified
Multiple Choice
A) the various firms involved in performing the activities required to create and deliver a product or service to ultimate consumers or industrial users.
B) an inventory management system where the supplier determines the product amount and assortment a retailer needs and automatically delivers the appropriate items.
C) mathematical formulas and calculations used in determining product volume and demand in order to generate the greatest revenue at the lowest cost.
D) activities that focus on getting the right amount of the right products to the right place at the right time at the lowest possible cost.
E) a specialized intermediary in the distribution chain responsible for the coordination of all production schedules.
Correct Answer
verified
Multiple Choice
A) small, independent retailers forming an organization that operates a wholesale facility cooperatively.
B) a vertical marketing system that uses a contractual relationship between a wholesaler and small independent retailers to standardize and coordinate buying practices, merchandising programs, and inventory management.
C) an agreement among small, privately owned manufacturers to pool their resources by sharing installations, heavy equipment, and warehousing they would be unable to afford on their own.
D) an agreement among retailers to pool their resources by purchasing services such as signage, snow removal, and trash removal that affects the physical space (strip mall, etc.) they all share.
E) small, independent retailers that pool their resources to finance store expansion programs.
Correct Answer
verified
Multiple Choice
A) satisfying suppliers.
B) maximizing profits.
C) maximizing supply chain membership.
D) delivering the appropriate level of customer service.
E) maximizing supply chain inefficiency.
Correct Answer
verified
Multiple Choice
A) a contractual agreement between multiple retailers sharing the same business mission to operate with a consistent business model to not only achieve enhanced buying power but also increase customer loyalty.
B) a contractual arrangement between a parent company and an individual or firm that allows the latter to operate a certain type of business under an established name and according to specific rules.
C) purchasing the name, branding, and raw materials from one organization and transferring it to another.
D) a practice whereby one firm's marketing channel is used to sell another firm's product.
E) selling an idea to a larger company and letting it do all the manufacturing, distribution, and marketing.
Correct Answer
verified
Multiple Choice
A) profitability.
B) information.
C) quality.
D) brand-name recognition.
E) availability.
Correct Answer
verified
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