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MKT 309 Chapter 15

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
Marketing Channel   show
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show Intermediary with legal authority to act on behalf of the manufacturer  
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show Intemediary who sells to other intemediaries, usually to retailers  
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Retailer   show
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Distributor   show
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Dealer   show
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Transactional Function   show
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show gathering, storing, and dispersing of products  
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show Manufacturer and ultimate consumers deal directly with each other  
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show Intermediaries are inserted between producer and consumers and perform numerous channel functions  
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show Performs a variety of marketing channel functions, including selling, stocking, delivering a full product and financing-Like wholesales in consumer channels  
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Electronic Marketing Channels   show
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Direct Marketing Channels   show
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Multichannel Marketing   show
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Mutually Reinforcing   show
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show arrangement firm reaches differnt buyers by employing two or more differnt types of channels for the same basic product  
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Strategic Channel Alliances   show
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show independently owned firms that take title to the merchandise they handle  
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General (Full Line) Merchandise wholesalers   show
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show offer narrow range of products but have extensive assortment within the product lines carried  
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Cash and Carry Wholesalers   show
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Drop Shippers (Desk Jobbers)wholesalers   show
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show work for several producers and carry non competitive, complementary merchandise in exclusive territory  
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Selling Agnets   show
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show independent firms or individuals whose principal function is to bring buyers and sellers together to make sales  
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show carries a producer's inventory and performs the functions of full service wholesaler  
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show does not carry inventory, typically performs only sales functions  
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Vertical Marketing Systems (VMS)   show
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Corporate Vertical Marketing System   show
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Forward integration   show
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Backward integration   show
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Contractual Vertical Marketing System   show
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show wholesaler develops contract with small independent retailers to standardize business  
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show exist when small, independent retailers form an organization that operates a wholesale facility cooperatively  
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Franchizing   show
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Man Sponsored Retail Franchise system   show
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show parent company dictates selling practices of parts of product for retailer  
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Service Sponsored Retail Franchise systems   show
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show franchisors license individuals or firms to dispense a service under a trade name and specific guidelines  
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Administered Vertical Marketing Systems   show
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Channel Partnership   show
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Intensive Distribution (Convenience Goods)   show
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Exclusive Distribution (Specialty Goods)   show
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show frim selects a few retail outlets in specific demographic they wish to target  
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Keiretsu   show
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Channel Conflict   show
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show between different levels in marketing channel  
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Disintermediation   show
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Horizontal Conflict   show
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Channel Captain   show
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show manufacturer distributes through its own verticlaly integrated channel in competition with independent wholesalers and retailers that also sell its products  
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Exclusive dealing   show
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Tying arrangements   show
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show Manufacturer to Wholesaler/Retailer Hybrid to Consumer  
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2-Level Channel   show
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Truck Jobber   show
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Rack Jobber   show
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show Buyout competitors to consolidate marketshare  
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show Computers ordering from other computers automated merchandise  
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Buying Co-Ops   show
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EOQ   show
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JIT   show
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show Vendor Managed Inventory. Purchase 1000 units but only accept shipments in 100 unit increments.  
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