Question: ( 1 ) Distribution involves making products available to the consumer. T F ( 2 ) No single pricing formula will work for all businesses,

(1) Distribution involves making products available to the consumer.
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(2) No single pricing formula will work for all businesses, nor is there a formula that will assure maximum profits in all situations.
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(3) Physical distribution starts with understanding consumer needs/wants and finding low-cost solutions to getting goods to consumers.
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(4) The focal point of marketing decisions is the customer.
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(5) With intensive distribution, manufacturers are usually very careful in their selection of responsible retailers who sell their products.
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(6) A brand helps a company differentiate its offerings from those of competitors.
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(7) Understanding the characteristics and motivations of the ultimate consumer is one of the most important responsibilities of a Marketing Manager.
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(8) The aim of market segmentation is to identify groups of buyers based on similarities and then develop a marketing strategy based on those similarities.
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(9) Many consumers use price as an indicator of quality. T
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(10) Competitive analysis strives to discover a competitive advantage.
 (1) Distribution involves making products available to the consumer. T F

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