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Review-PPT

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Question
Answer
Distribution focuses on which two utilities?   Time Place  
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Merchant Wholesalers   independently owned business that takes title to the merchandise it handles  
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Brokers/Agents   don't take title to goods, and perform few functions  
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Manufacturers' Sales Branch   wholesaling by sellers or buyers themselves rather than through independent wholesalers  
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Logistics Systems   Warehousing, Inventory, Transportation, Costs, Order Processing  
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Characteristics of a Good Mission Statement   motivating, market oriented, realistic, specific, fit market environment, distinctive competencies  
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Good Mission Statements:   Limited number of goals stress major policies and values define competitive scopes be uplifting  
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Organizational Objectives (Strategic)   Profit Growth Employee Welfare  
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Marketing Objectives (Strategic)   Sales Revenue Market Share Customer Satisfaction  
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BCG Portfolio Strategies   Grow, Maintain, Harvest, Divest  
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