Types of intermediaries - Study guides, Class notes & Summaries

BA 303 Exam 3 Channel Systems - CORRECT ANSWER-Major decision areas for designing channel systems 1. Types of intermediaries to use 2. Number of intermediaries to be included in the channel 3. Terms and responsibilities expected of channel members Types of Intermediaries - CORRECT ANSWER-1. Retailers 2. Wholesalers/Distributors 3. Manufacturer's Sales Office and Branches Retailers - CORRECT ANSWER-Retailing includes all activities directly related to the sale of goods and services to ...

What is Fintech? correct answers Use of technology to solve financial services problems Financial Services correct answers ◦Commercial Banking ◦Lending ◦Payments ◦Investment Banking ◦Wealth Management ◦Insurance and Credit ◦Financial Regulation Application Programming Interface (API) correct answers A software interface enabling two or more computer programs to communicate Artificial Intelligence (AI) and Machine Learning correct answers Use of computers to detect tr...

MGT 103 Exam Review Questions and answers, graded A+/ verified. Marketing channel - --consists of individuals and firms involved in the process of making a product or service available for use or consumption by consumers or industrial users -marketing channels make possible the flow of products and services from a producer, through intermediaries, to a buyer Intermediaries and the important functions they serve - --intermediaries make possible the flow of products from producers to ulti...

MGMT 323 Exam 3 Latest Update Graded A+ Wholesalers Firms that buy from manufacturers and resell them to retailers Viral marketing program Encourages people to pass along a marketing message to other potential customers Distribution center Facility for the receipt, storage, and redistribution of goods to company stores Fulfillment center Ships items directly to consumers Direct marketing channel No intermediaries Indirect marketing channel 1 or more intermediaries such as wholesalers or ret...

Test Bank for Marketing, 20th Edition, William M. Pride, O. C. Ferrell   True / False 1. Marketing consists primarily of selling and advertising. a. True b. False ANSWER: False 2. The broadest and simplest definition of marketing states that it is the development and efficient distribution of products for consumer segments. a. True b. False ANSWER: False 3. Customers are the focal point of all marketing activities. a. True b. False ANSWER: Tru...

Internet correct answers Hardware that provides the connection Network of interconnected computers, hardware and servers Based on HTTP which allows data transfers between networked devices World Wide Web correct answers Website, brower Based on HTML which specifies how this data is presented by web-based interfaces Three technical roles for internet correct answers provide access for both providers and user, and provide interconnection Three types of access to internet correct answer...

Test Bank for Entrepreneurial Finance 7e 7th Edition by Chris Leach, Ronald W. Melicher ISBN-13: 2043 Full Chapters test bank included PART 1: The Entrepreneurial Environment CHAPTER 1: Introduction to Finance for Entrepreneurs 1.1 The Entrepreneurial Process 1.2 Entrepreneurship Fundamentals 1.3 Sources of Entrepreneurial Opportunities 1.4 Principles of Entrepreneurial Finance 1.5 Role of Entrepreneurial Finance 1.6 The Successful Venture Life Cycle 1.7 Financing Through the Vent...

What is ag marketing? correct answers includes all the steps in moving an agricultural product from the farmer to the consumer. what does it involve? correct answers Planning, organizing, directing, and handling agricultural products in such a way as to satisfy farmers, intermediaries, and consumers economics is correct answers broadly defined as the study of the allocation of scarce resources. Value-added process- production creates... correct answers utility- the process of making use...

Which is bigger in marketing, B2B or B2C? correct answers B2B bigger than B2C 4 types of B2B markets correct answers manufacturers/service providers, resellers, institutions, government reasons that businesses buy stuff correct answers 1. have to buy stuff to manufacture 2. have to resell 3. have to have some of these products to run their business manufacturers only buy products if it is something they will correct answers use along the line businesses have this type of demand cor...

Deliver the Goods: Determine the Distribution Strategy exam with ( 155 questions) with answers 2024/2025 1) Which of the following is the series of firms or individuals that facilitate(s) the movement of a product from the producer to the final customers? A) the industrial network B) the retailer chain C) the multilevel network D) the channel of distribution E) the conventional marketing system Answer: D Difficulty: Easy LO: 11.1: Explain what a distribution channel is, identify types of...