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Principles of Business Management Quarterly 2nd semester

Authored by Amy Whitlatch

Business

10th Grade

Used 2+ times

Principles of Business Management Quarterly 2nd semester
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38 questions

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1.

MULTIPLE CHOICE QUESTION

10 mins • 2 pts

What type of intermediary would purchase baseball bats from one producer, mitts from another, and balls from still another, and then sell an assortment to sporting goods stores

Agent
Producer
Retailer
Wholesaler

2.

MULTIPLE CHOICE QUESTION

10 mins • 2 pts

Which of the following intermediaries never actually owns the products it promotes and sells

Agents 
Retailers 
Industrial users
Wholesalers

3.

MULTIPLE CHOICE QUESTION

10 mins • 2 pts

Which of the following services would be distributed by a producer to agent to consumer channel

Health care
Income tax preparation
Travel planning
Vehicle repair

4.

MULTIPLE CHOICE QUESTION

10 mins • 2 pts

Wal-Mart, Domino’s Pizza, and Avis Rent-a-Car are examples of

agents
industrial distributors
retailers
wholesalers

5.

MULTIPLE CHOICE QUESTION

10 mins • 2 pts

Packaging milk into smaller containers to meet the demand of people who live alone is an example of

form utility
possession utility
time utility
place utility

6.

MULTIPLE CHOICE QUESTION

10 mins • 2 pts

Offering coupons or sale prices for a product provides 

form utility
possession utility
time utility
place utility

7.

MULTIPLE CHOICE QUESTION

10 mins • 2 pts

Utility is the

benefit or satisfaction that a person gets from the consumption of a good or service
measure of how useful a resource is in the production process
measure of productivity associated with a good or service
economic term for consumption possibilities

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