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 blur-text-image
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!