Question: Question 2 (Mandatory) (1 point) Which three functions are necessary between channel partners for an efficient flow of title and product to a customer and
Question 2 (Mandatory) (1 point)
Which three functions are necessary between channel partners for an efficient flow of title and product to a customer and for payment back to the product producer?
Question 2 options:
a)
transactional, logistical, and facilitating functions
b)
logistical, commercial, and transactional functions
c)
facilitating, commercial, and institutional functions
Question 3 (Mandatory) (1 point)
In general, the companies and organizations that support a distribution channel are collectively called ________.
Question 3 options:
a)
direct channels
b)
broker channels
c)
channel partners
Question 4 (Mandatory) (1 point)
Which of the following is an example of a wholesaler?
Question 4 options:
a)
Walmart
b)
Costco
c)
Etsy.com
Question 5 (Mandatory) (1 point)
Which dimensions should a marketer consider when dealing with the human aspect of distribution channels?
Question 5 options:
a)
demographics, orientation, objectives, and strategy
b)
culture, content, education, and location
c)
communication, conflict, roles, and power
Question 6 (Mandatory) (1 point)
The retail industry is designed to create ________.
Question 6 options:
a)
contact efficiency for consumers
b)
multiple market forces
c)
a master retail plan
Question 7 (Mandatory) (1 point)
The Michael's Craft Store begins to offer classes in crafting, cake decoration, and scrapbook design. Which of the following best explains Michael's current approach?
Question 7 options:
a)
It is confusing customers because the classes are incongruent with the Michael's brand.
b)
It is overreaching its place as a retailer in customers' minds.
c)
It is expanding its offering to create greater contact efficiency for its customers.
Question 8 (Mandatory) (1 point)
If a retail store focuses on price as its main sales appeal and has a broad selection of merchandise, which type of a retail store is it?
Question 8 options:
a)
chain store retailer
b)
a discount retailer
c)
a supermarket retailer
Question 9 (Mandatory) (1 point)
Which type of retail approach brings national chains to local ownership?
Question 9 options:
a)
malls and shopping centers
b)
franchises
c)
online retailing
Question 10 (Mandatory) (1 point)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
Students Have Also Explored These Related Marketing Questions!