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Objectives 3.07-3.09 Vocab Part 2

Quiz by Jennifer Gallagher

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27 questions
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  • Q1
    A channel of distribution in which goods and services move from the producer to the channel members and then to consumers or industrial users.
    DIRECT DISTRIBUTION
    INDIRECT DISTRIBUTION
    30s
  • Q2
    A channel member that buys industrial goods and sells them to industrial users. Independent firms that take possession of the products they sell & have a partnership arrangement with the manufacturer.
    PHYSICAL DISTRIBUTION
    INDUSTRIAL DISTRIBUTOR
    30s
  • Q3
    A business that buys consumer goods or services and sells them to the ultimate consumer by means other than through a store, e.g., phone, mail, door to door, vending machines.
    NONSTORE RETAILING
    STORE RETAILING
    30s
  • Q4
    Involves the actual movement of goods after they are produced & before they are consumed. A concept or approach to managing the finished goods inventory of the firm. Typically it includes transportation, warehousing, inventory, and order processing functions of the firm. Process of designing and administering the systems to control the flow of goods. Maximizes product value by creating time & place utilities.
    Soft Distribution
    PHYSICAL DISTRIBUTION
    30s
  • Q5
    Marketing element focusing on considerations in getting a selected product in the right place at the right time.
    PLACE (DISTRIBUTION)
    PRIVATE BRAND
    30s

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