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MKT Ch. 8 Review

Authored by Sara Jensen

Life Skills

10th - 12th Grade

Used 1+ times

MKT Ch. 8 Review
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17 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Stops in the channel of distribution between the manufacturer and consumer are called intermediaries or middlemen.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All channels of distribution begin with a wholesaler.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company that purchases large quantities from manufacturers or producers and then re-sells them to other businesses is a

retailer

wholesaler

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A _______ is involved when the retailer makes a sale but the manufacturer or a wholesaler ships the goods directly to the customer.

jobber

drop shipper

broker

agent

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Retailers are intermediaries that sell to the final consumer

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _________ helps in the purchasing process by gathering and screening information about products, prices and supplies.

broker

purchasing agent

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _________'s main responsibility is to find a seller and a buyer and bring them together.

purchasing agent

broker

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