Exam 11: Small Business Distribution and Location

Other businesses that bring customers to the area are called

What is perhaps the greatest challenge of the direct mail approach?

A(n)_____ is a document issued by a bank that guarantees a buyer's payment for a specified period of time upon compliance with specified terms.

Which of the following is an example of a high customer contact form of business?

A company that will warehouse your products and fill your customers' orders for you is called

Which of the following is the least expensive form of direct mail?

Telemarketing can either be _____ or _____.

A middleman business which buys and sells to other businesses rather than consumers is called a retailer.

In exporting,the easiest payment procedure is to require up-front cash payment prior to shipment.

Unfortunately for the entrepreneurs,many distributors and wholesalers are not interested in taking on a start-up product.

Which of the following are more modern forms of direct mail?

Exporting using middlemen such as agents or export management companies is referred to as

Differentiate between exporting and importing.

The end user of a product or service is called a(n)

HVAC is the least expensive type of repair.

Usually the first technique an entrepreneur uses to get customers is word-of-mouth.

For small business location issues,there are two basic "where" questions to be considered

The current rate for a direct mail address list is about $500 per thousand names.

Grid layout is the layout more typically found in upscale department stores.

For payment procedures in exporting,typical methods include letters of credit or documentary drafts.