Distribution channel - Study guides, Class notes & Summaries

Chapter 1 Contemporary Marketing 1) The American Marketing Association’s updated definition of marketing is a process that identifies a need and then offers a means of satisfying that need. Answer: FALSE Diff: 2 Type: TF Page Ref: 4 Skill: Recall LO: 8 2) Organizations that concentrate on what they are capable of producing follow a marketing orientation. Answer: FALSE Diff: 2 Type: TF Page Ref: 6 Skill: Recall LO: 3 3) An organization that focuses on selling more...

BUSML 3250 Exam 3 Latest 2024 Graded A+ 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 Agent or Broker any intermediary with legal authority to act on behalf of the manufacturer Wholesaler an intermediary who sells to other intermediaries, usually to retailers; term usually applies to consumer markets Transactional Functions Buying: Purchasing products fo...

MGT 103 Bates Final questions and answers 100% correct __% of ticket sales are now Online 50 Price the money or other considerations (think: bartering) exchanged for the ownership or use of a product or service Barter exchanging products and services for other products and services Calculating the Final Price (Formula) List Price - (Incentives + allowances) + Extra Fees College Student ex. Tution - scholarships + books/housing Value (Formula) Percieved Benef...

NRF Business of Retail Certification Exam brick-and-mortar the presence of a physical storefront and face-to-face customer experiences closeout stores off-price stores that offer an assortment of brand-name merchandise at a significant discount off the manufacturer's price commercial cue advertising message that impacts purchase decisions comparison shopper the customer who spends time searching for the best price or deal on the item she is looking to purchase convenience stores the...

Which of the following is a characteristic of debtor-creditor relationships: A. Designed to monitor accounts B. Controlled by industry standards C. Intended to increase competition D. Regulated by various laws - D. Regulated by various laws There are several laws that regulate the use of credit. These laws are intended to guarantee that credit is managed fairly. The laws tend to improve the debtor-creditor relationship because there are rules in place that apply to both parties. De...

WGU Sales Management D099 Pre-Assessment Questions With Complete Solutions. A retailer is advertising its new product line and has designed a campaign that includes social media advertising, print promotional pieces, online promotions, and a special product launch event. Which concept is the retailer using to promote its new product line? Relationship selling Integrated marketing communications Buyer journey Marketing research Integrated marketing communications A salesperson wants to g...

DECA Marketing Cluster Exam District Level Practice Questions & Answers The purpose of legal procedure is to ensure that each party receives A. ongoing advice. B. consistent treatment. C. a reasonable verdict. D. an indictment. - ANSWERSb Wal-mart, Chevron Texaco, and Ford Motor Company sell stock in their companies. They are examples of which of the following types of business ownership: A. Franchisee B. Corporation C. Partnership D. Sole proprietorship - ANSWERSb Channel...

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

Test Bank for Supply Chain Management: A Global Perspective 3e 3rd Edition by Nada R. Sanders. ISBN-13: 2863 Full Chapters test bank included 1 Introduction To Supply Chain Management 1 What is Supply Chain Management (SCM)? 3 Supply Chain Leader’s Box: A 9 The Boundary-Spanning Nature of SCM 10 The Rise of SCM 13 Supply Chain Leader’s Box: Dell Computer Corporation 14 Characteristics of a Competitive Supply Chain 14 Global Insights Box: Zara 15 Trends in SCM...

intensive distribution - Intensive distribution usually goes with heavy promotion, lower prices and average or lower-quality products widely distributed - convenience goods ex: drugstores **pull strategy Distribution Channel Activities: - - customer oriented: ordering, handling, shipping - product oriented: storage & display - marketing-centric: promotion - financial-oriented - logistics sellers prefer to produce... - large quantities of limited goods buyers prefer... - smaller quant...