Marketing 6th Lecture

Descripción

Channels, Retailing, and Marketing Communications
Kirsten Küss
Test por Kirsten Küss, actualizado hace más de 1 año
Kirsten Küss
Creado por Kirsten Küss hace casi 6 años
35
1

Resumen del Recurso

Pregunta 1

Pregunta
Value delivery network is a network composed of the company, suppliers, distributors and customers.
Respuesta
  • True
  • False

Pregunta 2

Pregunta
Marketing channel consists out of interdependent organisations that help to make a product (or service) available for use
Respuesta
  • True
  • False

Pregunta 3

Pregunta
Promotion is the act of finding and communicating with possible buyers.
Respuesta
  • True
  • False

Pregunta 4

Pregunta
When Matching, the offers are shaped and fitted dependent on the buyers needs
Respuesta
  • True
  • False

Pregunta 5

Pregunta
"Contact" is a way that cannel members add value
Respuesta
  • True
  • False

Pregunta 6

Pregunta
An agreement on price and other terms can be reached through Matching.
Respuesta
  • True
  • False

Pregunta 7

Pregunta
Fulfilling completed transactions include
Respuesta
  • physical distribution
  • financing
  • risk taking

Pregunta 8

Pregunta
The channel level is a channel that has no intermediary levels.
Respuesta
  • True
  • False

Pregunta 9

Pregunta
Direct marketing channel is a marketing channel that has [blank_start]no intermediary levels.[blank_end]
Respuesta
  • no intermediary levels.
  • one or more intermediary levels.

Pregunta 10

Pregunta
Indircet marketing channel is a channel containing [blank_start]one or more intermediary levels[blank_end].
Respuesta
  • one or more intermediary levels
  • no intermediary levels

Pregunta 11

Pregunta
Conventional distribution channel is a distribution channel structure in which producers, wholesalers and retailers act as a unified system.
Respuesta
  • True
  • False

Pregunta 12

Pregunta
Horizontal marketing system is a channel consisting of oner or more independent producers, that seek to maximiser their own profits, even if it is at the expense of profits for the system as a whole.
Respuesta
  • True
  • False

Pregunta 13

Pregunta
Vertical marketing system (VMS) is a channel arrangement where two or more companies join together in order to follow a new marketing opportunity.
Respuesta
  • True
  • False

Pregunta 14

Pregunta
Corporate VMS: a vertical marketing system that combines back-to-back stages of production under single ownership- yet the channel leadership is established through common ownership
Respuesta
  • True
  • False

Pregunta 15

Pregunta
Contractual VMS: independent firms at different levels of production and distribution join together though contracts.
Respuesta
  • True
  • False

Pregunta 16

Pregunta
Administered VMS: system that coordinates successive stages of production through the size and power of one of the parties (e.g. Walmart)
Respuesta
  • True
  • False

Pregunta 17

Pregunta
Multichannel Distribution System is a system in which a single firm sets up two or more marketing channels to reach one or more stroker segments.
Respuesta
  • True
  • False

Pregunta 18

Pregunta
Channel design decisions are evaluated by factors like customer needs, channel objectives and identifying major channel alternatives.
Respuesta
  • True
  • False

Pregunta 19

Pregunta
Major channel alternatives are price and color of a product.
Respuesta
  • True
  • False

Pregunta 20

Pregunta
Number of Intermediaries are
Respuesta
  • Intensive distribution, Exclusive distribution, Selective distribution
  • Intensive creations, Exclusive creations, Selective creations
  • Intensive positioning, Exclusive positioning, Selective positioning

Pregunta 21

Pregunta
Selective distribution: giving the product to only a limited number of dealers.
Respuesta
  • True
  • False

Pregunta 22

Pregunta
Channel Management Decisions include
Respuesta
  • Selecting, managing, motivating channel members and evaluating their performance
  • Searching, finding, analyzing and evaluating research

Pregunta 23

Pregunta
Marketing logistics: managing upstream and downstream value-added flows of good among the suppliers, company, resellers and final consumers.
Respuesta
  • True
  • False

Pregunta 24

Pregunta
Supply chain management: managing upstream and downstream value-added flows of good among the suppliers, company, resellers and final consumers.
Respuesta
  • True
  • False

Pregunta 25

Pregunta
Retailing includes all activities that are involved in selling goods or services for personal, nonbusiness use.
Respuesta
  • True
  • False

Pregunta 26

Pregunta
Retailer's are businesses whose sale come primarily from retailing
Respuesta
  • True
  • False

Pregunta 27

Pregunta
There are different types of retailers.
Respuesta
  • True
  • False

Pregunta 28

Pregunta
having self-service (e.g. self checkout) vs. full-service retailers is part of the criteria of the Amount of service
Respuesta
  • True
  • False

Pregunta 29

Pregunta
Possible examples for the Product line are speciality stores, departments stores and supermarkets.
Respuesta
  • True
  • False

Pregunta 30

Pregunta
Possible examples for Relative prices are franchise and voluntary chains
Respuesta
  • True
  • False

Pregunta 31

Pregunta
Possible examples for Organization would be discount stores and outlets
Respuesta
  • True
  • False

Pregunta 32

Pregunta
Pop-up Stores are a trend in retailing.
Respuesta
  • True
  • False

Pregunta 33

Pregunta
Wholesaling: All activities included in selling goods and services.
Respuesta
  • True
  • False

Pregunta 34

Pregunta
Wholesalers are primarily engaged in wholesaling activities.
Respuesta
  • True
  • False

Pregunta 35

Pregunta
Wholesalers buy mostly from retailers and sell to producers.
Respuesta
  • True
  • False

Pregunta 36

Pregunta
Many of the nation's largest and most important wholesalers are largely unknown to final customers.
Respuesta
  • True
  • False

Pregunta 37

Pregunta
Merchant wholesalers are independently owned but take title of the merchandise that it handles
Respuesta
  • True
  • False

Pregunta 38

Pregunta
A Broker is a wholesaler that does not take title to goods and brings buyers and sellers together as well as assets in negotiating.
Respuesta
  • True
  • False

Pregunta 39

Pregunta
An Agent is a wholesaler that checks if the goods are treated correctly.
Respuesta
  • True
  • False

Pregunta 40

Pregunta
Promotion Mix can also be called Marketing Communication Mix
Respuesta
  • True
  • False

Pregunta 41

Pregunta
"The specific blend of promotion tools that the company uses to persuasively communicate customer value and build customer relationships."
Respuesta
  • Promotion Mix
  • Vertical Marketing System
  • Moneyshark agencies

Pregunta 42

Pregunta
Five Major Promotion tools are advertising, sales promotion, personal selling and public relations
Respuesta
  • True
  • False

Pregunta 43

Pregunta
MC stands for
Respuesta
  • Marketing communication
  • Master Classes
  • My culture

Pregunta 44

Pregunta
Recent developments have been that the customers are better informed and empowered and a shift in both traditional and mass media has been prominent.
Respuesta
  • True
  • False

Pregunta 45

Pregunta
IMC stands for
Respuesta
  • Integrated Marketing Communications
  • Integrated Main Courses
  • Intersting Marketing Classes

Pregunta 46

Pregunta
Promotion mix strategies include the Push as well as the pull strategy.
Respuesta
  • True
  • False

Pregunta 47

Pregunta
The push strategy "pushes" the product on to the customer.
Respuesta
  • True
  • False

Pregunta 48

Pregunta
The pull strategy waits for the demands of the customers as a marketing activity
Respuesta
  • True
  • False

Pregunta 49

Pregunta
The affordable method is per se the most expensive
Respuesta
  • True
  • False

Pregunta 50

Pregunta
Competitive-parity method sets the promotion budget at a certain percentage.
Respuesta
  • True
  • False

Pregunta 51

Pregunta
Percentage-of-sale method sets the promotion budget to match the competitors outlays.
Respuesta
  • True
  • False

Pregunta 52

Pregunta
Objective-and-task develops the promotion budget with 3 steps
Respuesta
  • True
  • False

Pregunta 53

Pregunta
The message strategy sets the notion for the message execution. It is the "big idea" that will make the advertisement especially memorable.
Respuesta
  • True
  • False

Pregunta 54

Pregunta
The message execution focusses on the approach, style, tone, and format used for executing the advertised message.
Respuesta
  • True
  • False

Pregunta 55

Pregunta
Strong impact comes with less control.
Respuesta
  • True
  • False

Pregunta 56

Pregunta
Building public relations are more expensive than advertising.
Respuesta
  • True
  • False

Pregunta 57

Pregunta
a salesperson is an individual that represents the company
Respuesta
  • True
  • False

Pregunta 58

Pregunta
salesforce links the company with its customers.
Respuesta
  • True
  • False

Pregunta 59

Pregunta
Consumer promotions boost short-term buying and involvement. They can also enhance long-term customer relationships.
Respuesta
  • True
  • False

Pregunta 60

Pregunta
Trade promotions objective is it to persuade resellers to carry their product.
Respuesta
  • True
  • False

Pregunta 61

Pregunta
Disadvantages of social media are
Respuesta
  • Targeted and personal
  • Immediate and timely
  • Cost effective
  • Engagement and social sharing capabilities
  • User involved/controlled, campaigns can backfire
  • Companies sill learn how tu use it
  • Results are hard to measure

Pregunta 62

Pregunta
Advantages of social media marketing
Respuesta
  • Targeted and personal
  • Immediate and timely
  • Cost effective
  • engagement and social sharing capabilities
  • User involved/controlled, campaigns can backfire
  • Companies still learn how tu use it
  • Results are hard to measure

Pregunta 63

Pregunta
public policy issues in direct and digital marketing are irritation, unfairness, deception and fraud as well as a invasion of consumer privacy
Respuesta
  • True
  • False

Pregunta 64

Pregunta
REVIEW QUESTIONS (1): A distribution channel structure in which producers, wholesalers and retailers act as a unified system is called a vertical marketing system.
Respuesta
  • True
  • False

Pregunta 65

Pregunta
REVIEW QUESTIONS (2): Retailing refers to all the activities involved in selling goods or services directly to final consumers for their personal, nonbusiness use.
Respuesta
  • True
  • False

Pregunta 66

Pregunta
REVIEW QUESTIONS (3): Advertising refers to a short-term incentives to encourage the purchase or sale of a product or service.
Respuesta
  • True
  • False

Pregunta 67

Pregunta
REVIEW QUESTIONS (3): The affordable method in advertising budget setting refers to setting the budget in a way that it matches competitors outlays.
Respuesta
  • True
  • False
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