MKT100 week 9 QUIZ(NEW COURSE)
An agent that receives goods on consignment from local sellers and negotiates sales in large, central markets is called a
Answer
[removed] | commission merchant. | |
[removed] | sales branch agent. | |
[removed] | selling agent. | |
[removed] | manufacturers' agent. | |
[removed] | broker-agent. |
Which of the following is the least flexible of these important retailing strategy issues?
Answer
[removed] | Store atmosphere | |
[removed] | Scrambled merchandising | |
[removed] | Retail positioning | |
[removed] | Store image | |
[removed] | Location |
A small self-service store that is open long hours and carries a narrow product assortment in convenient locations is best described as a
Answer
[removed] | discount store. | |
[removed] | department store. | |
[removed] | convenience store. | |
[removed] | supermarket. | |
[removed] | category killer. |
What type of wholesaler transports a limited line of products directly to customers for immediate inspection and selection?
Answer
[removed] | On-site wholesalers | |
[removed] | Cash-and-carry wholesalers | |
[removed] | Rack jobbers | |
[removed] | Truck jobbers | |
[removed] | Drop shippers |
____ have been successful because consumers are willing to drive significant distances to save money buying manufacturers' closeouts and irregulars.
Answer
[removed] | Off-price shopping centers | |
[removed] | Outlet shopping centers | |
[removed] | Regional shopping centers | |
[removed] | Power shopping centers | |
[removed] | Lifestyle shopping centers |
Full-service, specialty-line wholesalers that own and maintain displays in discount stores and supermarkets are called
Answer
[removed] | specialty-line wholesalers. | |
[removed] | full-service stockers. | |
[removed] | in-store maintainers. | |
[removed] | assemblers. | |
[removed] | rack jobbers. |
Merchant wholesalers who specialize in just a few functions and pass others along to other intermediaries or customers are called
Answer
[removed] | limited-service wholesalers. | |
[removed] | wholesale service specialists. | |
[removed] | general-line wholesalers. | |
[removed] | specialty-line wholesalers. | |
[removed] | specialty-service wholesalers. |
A retailer is an organization that purchases products for the purpose of reselling them to
Answer
[removed] | other retail organizations. | |
[removed] | the government. | |
[removed] | ultimate consumers. | |
[removed] | wholesalers. | |
[removed] | nonprofit organizations. |
Which of the following is a full-service merchant wholesaler?
Answer
[removed] | Cash-and-carry wholesaler | |
[removed] | General merchandise wholesaler | |
[removed] | Drop shipper | |
[removed] | Mail-order wholesaler | |
[removed] | Truck wholesaler |
Selling agents perform every wholesaling activity except
Answer
[removed] | transporting goods. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
[removed] | setting prices. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
[removed] | financing the products. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
[removed] | taking title to products.
Which of the following is the least flexible of these important retailing strategy issues? Answer
Direct marketing, direct selling, and automatic vending are all examples of ____ retailing. Answer
Large, self-service stores that carry a complete line of food products and some nonfood products are called Answer
The selling of merchandise outside the confines of actual facilities is generally called Answer
A manufacturers' outlet mall is most appropriately classified as a(n) Answer
A small self-service store that is open long hours and carries a narrow product assortment in convenient locations is best described as a Answer
The marketing of products to ultimate consumers through face-to-face sales presentations either at home or the workplace is called Answer
Agents and brokers that facilitate and negotiate purchases but do not actually take title to products are also known as Answer
Wholesaling can be defined as Answer
The performance of marketing-related activities conducted on the telephone is called Answer
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