Marketing
a. install exchange barriers such as location, time, and quantityb. create specialization of laborc. create economies of scaled. take title to the products they selle. raise profit margins for independent middlemen
ANSWER: d
16.The major characteristic that is used to differentiate between types of intermediaries is whether they:a.install exchange barriers such as location, time, and quantityb.prevent specialization of laborc.decrease economies of scaled.take title to the products they selle.raise profit margins for independent middlemenANS: DMarketing channels increase the efficiency of the buying and exchange process by reducing thenumber of contacts between buyers and sellers.
PTS:1REF:173OBJ:12-2 TYPE: CompTOP:AACSB Reflective Thinking | TB&E Model Distribution | TB&E Model Product17.Retailers and merchant wholesalers are examples of intermediaries that:
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PTS:1REF:173OBJ:12-2 TYPE: CompTOP:AACSB Reflective Thinking | TB&E Model Product20.A(n) _____ is an institution that buys goods from manufacturers, takes title to these goods, and resellsthem to businesses, government agencies, and/or other wholesalers or retailers.PTS:1REF:173OBJ:12-2 TYPE: Def
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TOP:AACSB Reflective Thinking | TB&E Model Product21.Which of the following statements about merchant wholesalers is true?30
5.The major characteristic that is used to differentiate among types of intermediaries is whether they:a.install exchange barriers such as location, time, and quantityb.create specialization of laborc.create economies of scaled.take title to the products they selle.raise profit margins for independent middlemenANS:D
10.Transactional channel functions include all of the following activities EXCEPT:
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11.Which of the following are examples of facilitating functions performed by wholesaling intermediaries?
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16.Nontraditional channel arrangements:
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Marketing, Specialty Stores, c assorting