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Chp. 11 Marketing

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
show All activities involved in selling goods or services directly to final consumers for their personal, nonbusiness use.  
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show A business whose sales come prmarily from retailing.  
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show A retail store that carries a narrow product line with a deep assortment within that line.  
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Department store   show
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show A large, low-cost, low-margin, high-volume, self-service store that carries a wide variety of grocery and household products.  
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show A small store, located near a residential area, that is open long hours seven days a week and carries a limited line of high-turnover convenience goods.  
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show A store much larger than a regular supermarket that offers a large assortment of routinely purchased food products, nonfood items, and services.  
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Category killer   show
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show A retailer whose product line is actually a service, including hotels, airlines, banks, colleges, and many others.  
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Discount store   show
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Warehouse club   show
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show Two or more outlets that are commonly owned and controlled.  
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show A contractual association between a manufacturer, wholesaler, or service organization and independent businesspeople who buy the rights to own and operate one or more units in the franchise system.  
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show A group of retail businesses planned, developed, owned, and managed as a unit.  
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Wheel-of-retailing concept   show
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show All activities involved in selling goods and services to those buying for resale or business use.  
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Wholesaler   show
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Merchant wholesaler   show
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show A wholesaler who does not take title to goods and whose function is to bring buyers and sellers together and assist in negotiation.  
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show A wholesaler who represents buyers or sellers on a relatively permanent basis, performs only a few functions, and does not take title to goods.  
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Created by: tgrant01
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