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Princ. of Marketing Test

Enter the letter for the matching Answer
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1.
Marketing logistics (physical distribution)
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2.
Multichannel distribution system (or hybrid marketing channel)
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3.
Third-party logistics (3PL) provider
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4.
Contractual VMS
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5.
Intensive distribution
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6.
Horizontal marketing system
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7.
Selective distribution
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Conventional distribution channel
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Channel level
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Value delivery network
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Administrative VMS
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Vertical marketing system (VMS)
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13.
Integrated logistics management
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14.
Direct marketing channel
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15.
Administered VMS
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16.
Corporate VMS
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Indirect marketing channel
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18.
Franchise organization
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19.
Channel conflict
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20.
Supply chain management
A.
KitchenAid, Maytag, Whirlpool, and General Electric will not sell their products through every retailer who is willing to carry their product. Instead, they use dealer networks and a few large retailers.
B.
Ford has a network of dealers. Coca Cola licenses bottlers. Individual managers run McDonald restaurants.
C.
A vertical marketing system in which independent firms at different levels of production and distribution join together through contracts to obtain more economies or sales impact than they could achieve alone.
D.
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
E.
Disagreement among marketing channel members on goals and roles—who should do what and for what rewards
F.
The tasks involved in planning, implementing, and controlling the physical flow of materials, final goods, and related information from points of origin to points of consumption to meet customer requirements at a profit
G.
Fidelity Investments uses telephones, the internet, and branch offices as different marketing channels to reach one or more customer segments
H.
A marketing channel that contains one or more intermediary levels
I.
Kroger the factories that produce and the stores that sell many of its products
J.
A layer of intermediaries that performs some work bringing the product and its ownership closer to the final buyer
K.
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
L.
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.
M.
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.
N.
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.
O.
The logistics concept that emphasizes teamwork, both inside the company and among all the marketing channel organizations, to maximize the performance of the entire distribution system
P.
Managing upstream and downstream value-added flows of materials, final goods, and related information among suppliers, the company, resellers, and final consumers
Q.
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.
R.
An online class delivers the product (class) directly to the student with no intermediary levels
S.
A vertical marketing system that coordinates successive stages of production and distribution, not through common ownership or contractual ties, but through the size and power of one of the parties
T.
When McDonald’s set up “express” restaurants in Wal-Mart stores, two companies joined together at one level to make new marketing opportunities.
Type the Question that corresponds to the displayed Answer.
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21.
A large, highly automated warehouse designed to receive goods from various plants and suppliers, take orders, fill them efficiently, and deliver goods to customers as quickly as possible
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22.
A vertical marketing system that combines successive stages of production and distribution under single ownership—channel leadership is established through common ownership
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23.
piggyback shipping, using both rails and trucks to ship products, is cheaper than straight trucking, but more flexible than just using trains.
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24.
A contractual vertical marketing system in which a channel member, called a franchiser, links several stages in the production-distribution process
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25.
Tupperware in-home consultants and Target are conflicting intermediaries who work to bring the Tupperware product to its consumers
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26.
Combining two or more modes of transportation
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27.
The displacement of traditional resellers from a marketing channel by radical new types of intermediaries
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28.
Luxury car markets, such as Bentley, sell exclusively through a limited number of retailers.
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29.
Giving a limited number of dealers the exclusive right to distribute the company’s products in their territories
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30.
People used to buy flowers from stores or street vendors. However, radical new types of intermediaries, such as 1-800 numbers and internet sites, have displaced many of the traditional resellers.

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