Exam 15: Distributing Products
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment315 Questions
Exam 2: Understanding Economics and How It Affects Business305 Questions
Exam 3: Doing Business in Global Markets346 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior257 Questions
Exam 5: How to Form a Business342 Questions
Exam 6: Entrepreneurship and Starting a Small Business302 Questions
Exam 7: Management and Leadership281 Questions
Exam 8: Structuring Organizations for Todays Challenges364 Questions
Exam 9: Production and Operations Management321 Questions
Exam 10: Motivating Employees357 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees423 Questions
Exam 12: Dealing With Employeemanagement Issues297 Questions
Exam 13: Marketing: Helping Buyers Buy250 Questions
Exam 14: Developing and Pricing Goods and Services356 Questions
Exam 15: Distributing Products314 Questions
Exam 16: Using Effective Promotions262 Questions
Exam 17: Understanding Accounting and Financial Information362 Questions
Exam 18: Financial Management297 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities397 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve306 Questions
Exam 21: Working Within the Legal Environment242 Questions
Exam 22: Using Technology to Manage Information192 Questions
Exam 23: Managing Risk128 Questions
Exam 24: Managing Personal Finances255 Questions
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The entire collection of organizations that move goods and services from the source of raw materials to the final consumer is referred to as the supply chain.
(True/False)
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Producers normally provide form utility, but retailers sometimes also provide this type of utility.
(True/False)
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A(n) ________ distribution strategy distributes a product through only a preferred group of retailers in a given area.
(Multiple Choice)
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Unlike merchant wholesalers, ________ never actually own the goods they help to distribute.
(Multiple Choice)
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Placing ads in newspapers and having knowledgeable salespeople to answer customers' questions are ways marketing intermediaries can provide
(Multiple Choice)
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Marshall Manufacturing wants to ship a large quantity of its goods across the country. They have contacted Get Gone Shipping, Inc., to find out what the shipment would cost. Get Gone has shown Marshall how it can arrange to use a combination of barges, trains, and trucks to complete the shipment at a low cost. Get Gone's strategy is an example of
(Multiple Choice)
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Though Hammer's Hardware stores are independently owned, operated, and managed, they have signed an agreement to participate in chain promotions, and cooperate as a unified system of stores. The Hammer's Hardware stores are using a distribution system known as a wholesaler-sponsored chain.
(True/False)
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Pipelines move liquid products very efficiently and can even move products like coal.
(True/False)
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________ would probably be distributed using an intensive strategy.
(Multiple Choice)
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One advantage of a franchise system of distribution is that it results in a consistent level of quality and service.
(True/False)
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Which of the following statements about service utility is most accurate? Service utility is
(Multiple Choice)
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Logistics involves planning, implementing, and controlling the physical flow of materials, final goods, and related information from points of origin to points of consumption.
(True/False)
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Electronics Emporium, a chain of stores that specializes in devices and gadgets incorporating cutting-edge technologies, has over 150 stores in large cities throughout the Southeast and Midwest. Electronics Emporium picked the locations of its stores so that most customers living in upper middle class and wealthy neighborhoods can get to a location in under 15 minutes. Electronics Emporium is providing its customers with
(Multiple Choice)
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Most marketing intermediaries have survived in the past because consumers were unaware of how much these companies add to the cost of distributing goods.
(True/False)
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Candy, gum, and popular magazines are usually distributed using a selective distribution strategy.
(True/False)
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Some economists would say that intermediaries add costs to the channel of distribution and need to be eliminated.
(True/False)
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According to the Connecting Through Social Media box, McDonalds's team of social media professionals used to field constant complaints about the lack of breakfast options on the all-day menu. Upon hearing of the large demand for all-day breakfast, McDonald changed its menu and added to its ________ utility.
(Multiple Choice)
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Providing buyers with credit terms such as "90 days same as cash" is a way marketing intermediaries can provide time utility to customers.
(True/False)
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________ deals with moving finished products and information to business buyers and ultimate consumers.
(Multiple Choice)
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