A) requires a channel member to sell only its products.
B) requires a channel member to finance all loans through the supplier's bank.
C) requires to whom distributors may resell the supplier's products and in what specific geographical areas or territories they may sell.
D) attempts to sell used or pre-owned products as new.
E) attempts to sell used products that have expired or will soon become obsolete without informing the buyer.
Correct Answer
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Multiple Choice
A) creates greater elasticity of demand for its products.
B) can leverage the value-adding capabilities of different channels.
C) creates greater inelasticity of demand for its product.
D) allows firms to legally circumvent paying taxes on revenue generated by online sales.
E) allow customers to avoid shipping and handling charges.
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Multiple Choice
A) Robinson-Patman Act
B) Sherman Act
C) Federal Trade Commission Act
D) Consumer Goods Pricing Act
E) Clayton Act
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Multiple Choice
A) integrated
B) cooperative
C) delegated
D) manufacturer-dominated
E) contractual
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Multiple Choice
A) Hershey's candy
B) Toyota automobiles
C) State Farm car insurance
D) Aspen dental services
E) Ticketmaster tickets to a rock concert
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Multiple Choice
A) product champion
B) channel general
C) channel director
D) channel coordinator
E) channel captain
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Multiple Choice
A) dealer
B) retailer
C) middleman
D) wholesaler
E) agent or broker
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Multiple Choice
A) consumer
B) agent
C) wholesaler
D) brokerage firm
E) middleman
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Multiple Choice
A) target market customers
B) competitors
C) wholesalers
D) retail stores
E) stakeholders
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Multiple Choice
A) corporate vertical marketing systems.
B) administered vertical marketing systems.
C) franchises.
D) horizontal marketing systems.
E) retail-sponsored cooperatives.
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Multiple Choice
A) salvage marketing.
B) materials transformation.
C) cyclical materials handling.
D) reverse logistics.
E) cause-related marketing.
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Multiple Choice
A) product
B) place
C) production
D) promotion
E) price
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Multiple Choice
A) service-sponsored producer franchise system
B) service-sponsored retail franchise system
C) manufacturer-sponsored wholesale franchise system
D) manufacturer-sponsored retail franchise system
E) administered vertical marketing system
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Multiple Choice
A) stakeholder position.
B) familial ties to other channel members.
C) longevity in the industry.
D) identification with a particular channel member.
E) geographic proximity to the manufacturing plant.
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Multiple Choice
A) a strategic channel alliance
B) multiple level selling
C) parallel distribution
D) dual distribution
E) recursive distribution
Correct Answer
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Multiple Choice
A) Sherman Act
B) Robinson-Patman Act
C) Federal Trade Commission Act
D) Clayton Act
E) Consumer Goods Pricing Act
Correct Answer
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Multiple Choice
A) the distribution of products or services in markets where there are currently no other competitors.
B) the distribution of products or services where the producer owns the entire channel of distribution.
C) the density of distribution whereby a firm tries to place its products or services with only one retail outlet in a specified geographical area.
D) the density of distribution whereby a firm tries to place its products or services in as many outlets as possible.
E) the density of distribution whereby a firm tries to place its products or services in a few retail outlets in a specific area.
Correct Answer
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Multiple Choice
A) the cost of maintaining inventory is low.
B) the cost of inventory makes it too expensive to use a wholesaler.
C) there is little if any seasonal demand.
D) the risk lies solely with the manufacturer.
E) the retail outlets are regionally located.
Correct Answer
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Multiple Choice
A) horizontal conflict
B) corporate conflict
C) vertical conflict
D) lateral conflict
E) contractual conflict
Correct Answer
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Multiple Choice
A) small,independent retailers forming an organization that operates a wholesale facility cooperatively.
B) a vertical marketing system that involves a contractual relationship between a wholesaler and small independent retailers to standardize and coordinate buying practices,merchandising programs,and inventory management.
C) an agreement among small,privately owned manufacturers to pool their resources by sharing installations,heavy equipment,and warehousing that they would be unable to afford on their own.
D) an agreement among retailers to pool their resources by purchasing services such as signage,snow removal,and trash removal that affects the physical space (strip mall,etc. ) they all share.
E) small,independent retailers that pool their resources to fiancé store expansion programs.
Correct Answer
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