Exam 15: Distributing Products
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment327 Questions
Exam 2: Understanding How Economics Affects Business323 Questions
Exam 3: Doing Business in Global Markets379 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior286 Questions
Exam 5: How to Form a Business354 Questions
Exam 6: Entrepreneurship and Starting a Small Business318 Questions
Exam 7: Management and Leadership295 Questions
Exam 8: Adapting Organizations to Todays Markets380 Questions
Exam 9: Production and Operations Management336 Questions
Exam 10: Motivating Employees390 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees453 Questions
Exam 12: Dealing With Employee-Management Issues and Relationships344 Questions
Exam 13: Marketing: Helping Buyers Buy259 Questions
Exam 14: Developing and Pricing Goods and Services366 Questions
Exam 15: Distributing Products323 Questions
Exam 16: Using Effective Promotions289 Questions
Exam 17: Understanding Accounting and Financial Information397 Questions
Exam 18: Financial Management330 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities463 Questions
Exam 20: Money,financial Institutions,and the Federal Reserve330 Questions
Exam 21: Bonus A: Using Technology to Manage Information237 Questions
Exam 22: Bonus B: Managing Risk150 Questions
Exam 23: Bonus C: Managing Your Personal Finances267 Questions
Exam 24: Appendix: Working Within the Legal Environment257 Questions
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Marketers normally provide form,time,place,information and service utility,but they are seldom involved in providing possession utility.
(True/False)
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Imaginex Toys,Inc.produces toys designed to stimulate the imaginations of young children.In order to control all of the marketing operations,Imaginex owns all of the organizations in the channel of distribution for its toys,including a chain of Imaginex retail stores.The approach taken by Imaginex is known as an administered distribution system.
(True/False)
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Items such as snow skis,lawnmowers,and other highly seasonal items are often held in ___________ warehouses during the months they are not in demand.
(Multiple Choice)
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A major advantage of direct marketing is that it is a very convenient way for consumers to shop.
(True/False)
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In the battle between electronic retailers and traditional "bricks and mortar" retailers,the electronic retailers seem to have all of the advantages needed to emerge as the clear winners.
(True/False)
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Although air transport currently accounts for only a small percentage of all shipments,it has become a critical mode in many industries.
(True/False)
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Fancy Feet sells high quality socks and stockings by sending catalogs to customers and offering them a toll-free telephone number so that they can call in their orders 24 hours a day any day of the year.Fancy Feet uses telemarketing.
(True/False)
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Which of the following statements about marketing intermediaries is true?
(Multiple Choice)
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What is utility? What are the major types of utility? Give an example of how marketing intermediaries can provide each type of utility.
(Essay)
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Merrill helps growers of fresh fruits and vegetables negotiate sales to food processing companies.However,once he has helped negotiate the transaction,he does not maintain a long-term relationship with the growers.Merrill is an example of a sales agent in this market.
(True/False)
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Marketing intermediaries that solicit orders from retailers or other wholesalers and have the products delivered directly from the producer to the buyer are known as:
(Multiple Choice)
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A large number of traditional retailers have developed online sites in recent years,giving customers a choice of shopping techniques.
(True/False)
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Marketing intermediaries add ________ utility to products by having them available when consumers want them.
(Multiple Choice)
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Merchant wholesalers do not take title to the goods they handle.
(True/False)
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Hottaire Heating and Cooling offers customers who buy air conditioners and furnaces free delivery and low installation charges.The company also offers a free follow-up inspection of the new equipment one month after it is installed.These services are ways that Hottaire provides its customers with __________ utility.
(Multiple Choice)
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Sports Coasters sells good quality athletic wear by sending its customers a catalog nine times a year.The company has no retail stores,but offers a toll free order number that operates 24 hours a day,365 days a year.Sports Coasters sells using a technique known as:
(Multiple Choice)
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Marketing intermediaries can provide _________ utility by offering customers affordable credit,free delivery,and product guarantees.
(Multiple Choice)
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The sale of goods to a business purchasing the items for resale is a wholesale transaction.
(True/False)
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