MKT100 week 9 QUIZ(NEW COURSE)

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An agent that receives goods on consignment from local sellers and negotiates sales in large, central markets is called a

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commission merchant.

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sales branch agent.

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selling agent.

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manufacturers' agent.

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broker-agent.

 

Which of the following is the least flexible of these important retailing strategy issues?

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Store atmosphere

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Scrambled merchandising

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Retail positioning

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Store image

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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

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discount store.

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department store.

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convenience store.

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supermarket.

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category killer.

 

What type of wholesaler transports a limited line of products directly to customers for immediate inspection and selection?

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On-site wholesalers

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Cash-and-carry wholesalers

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Rack jobbers

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Truck jobbers

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Drop shippers

 

____ have been successful because consumers are willing to drive significant distances to save money buying manufacturers' closeouts and irregulars.

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Off-price shopping centers

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Outlet shopping centers

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Regional shopping centers

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Power shopping centers

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Lifestyle shopping centers

 

 

Full-service, specialty-line wholesalers that own and maintain displays in discount stores and supermarkets are called

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specialty-line wholesalers.

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full-service stockers.

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in-store maintainers.

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assemblers.

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rack jobbers.

 

Merchant wholesalers who specialize in just a few functions and pass others along to other intermediaries or customers are called

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limited-service wholesalers.

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wholesale service specialists.

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general-line wholesalers.

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specialty-line wholesalers.

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specialty-service wholesalers.

A retailer is an organization that purchases products for the purpose of reselling them to

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other retail organizations.

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the government.

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ultimate consumers.

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wholesalers.

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nonprofit organizations.

 

 

Which of the following is a full-service merchant wholesaler?

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Cash-and-carry wholesaler

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General merchandise wholesaler

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Drop shipper

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Mail-order wholesaler

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Truck wholesaler

Selling agents perform every wholesaling activity except

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transporting goods.

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setting prices.

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financing the products.

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taking title to products.

 

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

 

 

Direct marketing, direct selling, and automatic vending are all examples of ____ retailing.

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off-premise

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portfolio

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nonstore

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off-price

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direct

 

 

Large, self-service stores that carry a complete line of food products and some nonfood products are called

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discount stores.

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superstores.

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supermarkets.

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department stores.

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warehouse clubs.

 

 

The selling of merchandise outside the confines of actual facilities is generally called

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nonstore retailing.

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direct selling.

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direct marketing.

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Internet marketing.

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store-front sales.

 

 

 

A manufacturers' outlet mall is most appropriately classified as a(n)

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discounter.

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specialty retailer.

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off-price retailer.

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category killer.

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department store.

 

 

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.

 

 

The marketing of products to ultimate consumers through face-to-face sales presentations either at home or the workplace is called

Answer

[removed]

 

direct marketing.

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direct-response marketing.

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telemarketing.

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personal selling.

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direct selling.

 

 

 

Agents and brokers that facilitate and negotiate purchases but do not actually take title to products are also known as

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functional wholesalers.

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commission wholesalers.

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hands-off intermediaries.

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contract negotiators.

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functional middlemen.

 

Wholesaling can be defined as

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transactions in which products are bought for resale.

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transactions made at a discount.

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sales made to retailers only.

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transactions in which purchases are for production of other goods only.

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marketing activities necessary to conduct exchanges with consumers.

 

 

 

The performance of marketing-related activities conducted on the telephone is called

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e-marketing.

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direct-response marketing.

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telemarketing.

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phone retailing.

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tel-selling.

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