Exam 12: Product and Distribution Strategies

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Julie stops at the grocery store to purchase detergent.Tide is her favorite brand,but if another detergent is less expensive,she buys it.This is an example of _____.

(Multiple Choice)
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In which stage of the product life cycle do competitors enter the field with similar offerings?

(Multiple Choice)
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Compare the classification of consumer goods and services to business goods and services.

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Complete the following using the terms listed. -The process of coordinating the flow of goods,services,and information among members of the supply chain is called _____.

(Multiple Choice)
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A marketer's product strategy focuses on a product's _____.

(Multiple Choice)
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Trademark protection extends to design logos,slogans,packaging elements,and product features such as color and shape.

(True/False)
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Focus groups are sessions in which customers meet with marketers to express their opinions about products.

(True/False)
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The use of direct distribution channels is most common in the _____ market.

(Multiple Choice)
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During the introductory stage,companies aggressively protect their market share and distinguish their products from those of competitors.

(True/False)
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Describe how services differ from goods.

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The assortment of cereals manufactured under the Kellogg's name,such as Corn Flakes and Raisin Bran,constitutes the company's product line.

(True/False)
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Explain how stores like Best Buy are attempting to handle fraud when accepting returned items from customers.

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When Griffin Corp.purchases light bulbs for everyday use,it is purchasing _____.

(Multiple Choice)
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Wholesalers are primarily owned by manufacturers.

(True/False)
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Meryl has been analyzing the competitive standings of one of her products.Since she began her operation,20 similar products have appeared,forcing her to change distribution strategies.Meryl has also changed pricing strategies in order to remain competitive.Sales volume has dipped,and she suspects sales of her product have reached a saturation level.This item is in which of the following stages of the product life cycle?

(Multiple Choice)
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By providing convenient locations with free parking,shopping centers have replaced downtown shopping in many urban areas.

(True/False)
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The tires of race cars are classified as _____.

(Multiple Choice)
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Which of the following is a result of the shift in product distribution practices from a single channel approach to a multiple channel approach?

(Multiple Choice)
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Retailers such as Home Depot and Auto Zone are examples of marketing intermediaries.

(True/False)
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In which stage of the product life cycle do profits generally first appear?

(Multiple Choice)
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