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Kotler, Armstrong, Principles of Marketing 11th ed, Ch 12 vocab

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show The network made up of the company, suppliers, distributors, and ultimately customers who “partner” with each other to improve the performance of the entire system.  
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Value delivery network   show
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show A set of interdependent organizations involved in the process of making a product or service available for use or consumption by the consumer or business user  
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show FedEx works interdependently with other companies to make their product or service available for use or consumption by the consumer or business user  
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show A layer of intermediaries that performs some work bringing the product and its ownership closer to the final buyer  
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show A marketing channel that has no intermediary levels  
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show A marketing channel that contains one or more intermediary levels  
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Direct marketing channel   show
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Indirect marketing channel   show
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show Disagreement among marketing channel members on goals and roles—who should do what and for what rewards  
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Channel conflict   show
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show A channel consisting of one or more independent producers, wholesalers, and retailers, each a separate business seeking to maximize its own profits even at the expense of profits for the system as a whole  
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show A distribution channel structure in which producers, wholesalers, and retailers act as a unified system. One channel member owns the others, has contracts with them or has so much power that they all cooperate.  
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Corporate VMS   show
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Corporate VMS   show
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Contractual VMS   show
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Franchise organization   show
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show Ford has a network of dealers. Coca Cola licenses bottlers. Individual managers run McDonald restaurants.  
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Administered VMS   show
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show Some manufactures, like Proctor & Gamble, are large enough and powerful enough to influence their resellers. Retailers, like Barnes & Noble, are large enough and powerful enough to influence their manufacturers.  
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show A channel arrangement in which two or more companies at one level join together to follow a new marketing opportunity  
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Horizontal marketing system   show
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show A distribution system in which a single firm sets up two or more marketing channels to reach one or more customer segments  
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show Fidelity Investments uses telephones, the internet, and branch offices as different marketing channels to reach one or more customer segments  
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show The displacement of traditional resellers from a marketing channel by radical new types of intermediaries  
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Disintermediation   show
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show Stocking the product in as many outlets as possible  
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show Coca-Cola sells its products in a wide variety of outlets, such as grocery stores, convenience stores, gas stations, hardware stores, office supply stores, restaurants and vending machines.  
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Exclusive distribution   show
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Exclusive distribution   show
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show The use of more than one, but fewer than all, of the intermediaries who are willing to carry the company’s product  
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Selective distribution   show
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Marketing logistics (physical distribution)   show
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show Managing upstream and downstream value-added flows of materials, final goods, and related information among suppliers, the company, resellers, and final consumers  
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Distribution center   show
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Distribution center   show
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show Combining two or more modes of transportation  
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Intermodal transportation   show
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Integrated logistics management   show
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Third-party logistics (3PL) provider   show
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show For Jockey International, UPS manages a warehouse, fills internet orders, boxes them, provides truck drivers to ship goods, and phone representatives to handle problems. UPS provides many of the functions required to get its client’s product to market  
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