Chapter 12 ITB

Front

An example of nonstore retailing is the vending machine from which you purchased a soda.

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true

Front

Leon Georges works in the warehouse for a manufacturer of air-purification systems. He is responsible for the transportation of metal components, preformed plastic, etc. used to manufacture the systems as well as the efficient movement of the finished systems from the manufacturing facility to the warehouse to distribution trucks. Georges is involved in: distribution, intermediation, countertrading, component logistics, centralized transportation.

Back

distribution

Front

The chain of manufacturer, agent, wholesaler, and retailer through which items like x-ray machines, dental equipment, and safety goggles flow is called a(n) __________ channel.

Back

distribution

Front

Victorinox is the name of the company that manufactures Swiss army knives. The ______ channel the company utilizes to get its knives to market is to wholesalers, then to retailers, and finally to consumers.

Back

distribution

Front

Geraldine Fadsi's job in the entertainment industry is to bring together entertainers and organizations looking to hire entertainers. Fadsi is paid a commission, usually by the entertainer. Fadsi is acting as a:

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agent

Front

A(n) _______ is an independent wholesaler who buys related product lines from many manufacturers and sells them to industrial users.

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industrial distributor

Front

the process of packing 3 16-ounce bottles of Hershey chocolate syrup in super-sized packages like those sold at Sam's and Costco is an example of:

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accumulating

Front

Independent wholesalers that buy goods from manufacturers on their own account and then resell them to other businesses are: brokers, agents, horizontal marketing systems, merchant wholesalers, vertical marketing systems

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merchant wholesalers

Front

American Pet Pro purchases pet grooming supplies from various manufacturers, sorts them, and resells them to retailers. American Pet Pro is a(n) ________ wholesaler.

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merchant

Front

Manufacturers' representatives usually: do not take title to goods, receive commission on sales, act as independent agents, represent noncompeting manufacturers?

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do all of the above