MKT 571 MKT/571 WEEK 4 QUIZ 21/21

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 1 Which companies have launched a website without any previous existence as a firm?

2 What is an ultimate form of foreign involvement?

3 Which agreements are not necessarily illegal, but they do violate U. S. law if they tend to lessen competition substantially?

4 Which strategy uses the manufacturer’s advertising, promotion, and other forms of communication to persuade consumers? 

5 What is the practice that allows companies to maximize their market share by believing a higher sales volume will lead to lower unit costs and higher long-run profit while assuming the market price is sensitive?  

6 What type of deal takes place when the seller receives some percentage of the payment in cash and the rest in products?

7 When the number of intermediaries are severely limited, this means an

8 Companies are pursuing which objective when they start with prices high and slowly drop them over time?

9 What type of system does a firm employ to decide about the most critical decisions management faces?

10 When a seller agrees to accept partial payment of products manufactured with the supplied equipment it is called

11 When companies estimate the demand and costs associated with alternative prices, they will choose the price that produces

12 What type of marketing system includes the producer, wholesaler(s), and retailer(s) acting as a unified system?

13 Which type of distribution relies on some intermediaries willing to carry a particular product?

14 What type of marketing channel consists of an independent producer, wholesaler(s), and retailer(s)?

15 What type of distribution places the goods or services in as many outlets as possible?

16 What form describes a buyer and seller directly exchanging goods with no money and no third party involved?

17 What is a simple way to engage in international marketing?

18 Which marketing system is another channel development in which two or more companies put together resources to exploit an emerging market opportunity?

19 Which strategy is appropriate when there is low brand loyalty in a category and brand choice is made in the store?

20 What takes place when dealers purchase some or all of a product line?

21 What mode of entry is it when local and foreign investors share ownership and control?

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