A set of interdependent organizations that help make a product or service available four use or consumption by the consumer or business user is called?
Answer
Conventional distribution channel
Marketing channel
Vertical marketing system
Distribution center
Question 2
Question
Planning, implementing and controlling the physical flow of materials, final goods, and related information from points of origin to points of consumption to meet customer requirements at a profit is called?
Answer
Marketing logistics
Supply chain management
Distribution center
Integrated logistics management
Question 3
Question
Channel structure in which producers, wholesalers, and retailers act as a unifyed system. One channel member owns the others, has contracts with them, or has so much power that they all cooperate
Answer
Vertical marketing system
Franchise organization
Horizontal marketing system
Supply chain management
Question 4
Question
The logistics concept that emphasizes teamwork - both inside the company and among all the marketing channel organizations - to maximize the performance of the entire distribtuion system
Answer
Third-party logistics (3PL) provider
Supply chain management
Integrated logistics management
Marketing channel design
Question 5
Question
Setting price based on buyers' perceptions of value rather than on seller's cost
Answer
Customer value-based pricing
Good-value pricing
Value-added pricing
Target costing
Question 6
Question
Adding a standard markup to the cost of the product
Answer
Cost-plus pricing
Value-added pricing
Break-even pricing
Competition-based pricing
Question 7
Question
Setting a high price for a new product to get maximum revenues layer by layer from the segments willing to pay the high price; the company makes fewer but more profitable sales
Answer
Market-skimming pricing
Market-penetration pricing
Captive-product pricing
Product bundle pricing
Question 8
Question
Setting a low price for a new product in order to attract a large number of buyers and a large market share
Answer
Market-penetration pricing
By-product pricing
Discount
Reference prices
Question 9
Question
Promotional money paid by manufacturers to retailers in return for an agreement to feature the manufacturer's products in some way
Answer
Allowance
Discount
Promotional pricing
Dynamic pricing
Question 10
Question
A curve that shows the nuber of units the market will buy ina given time period, at different prices that might be charged