Wholesale Marketing and E-Markets

Quiz
•
Science
•
5th Grade
•
Hard
rhish darak
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is wholesale marketing?
Distributing products directly to manufacturers
Selling goods individually to consumers
Selling goods in bulk to retailers or businesses
Providing services to end-users
Answer explanation
Wholesale marketing involves selling goods in bulk to retailers or businesses, making it the correct choice.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Name one advantage of wholesale marketing.
Exclusive deals
Limited product selection
Higher prices
Cost-effectiveness
Answer explanation
Cost-effectiveness is an advantage of wholesale marketing as it allows for bulk purchasing at lower prices, leading to overall reduced costs.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are e-markets?
Websites for booking travel accommodations
Social media platforms for connecting with friends
Online platforms for buying and selling goods or services.
Physical marketplaces for buying and selling goods
Answer explanation
E-markets are online platforms specifically designed for buying and selling goods or services, making them the correct choice among the options provided.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do e-markets differ from traditional markets?
E-markets are virtual, while traditional markets are physical.
E-markets involve face-to-face interactions, while traditional markets are online.
E-markets have limited reach, while traditional markets have global reach.
E-markets are physical, while traditional markets are virtual.
Answer explanation
E-markets are virtual, while traditional markets are physical.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Explain the concept of B2B e-commerce.
B2B e-commerce involves online transactions between businesses for buying and selling goods or services.
B2B e-commerce is limited to physical goods only
B2B e-commerce involves transactions between businesses and consumers
B2B e-commerce is only for personal use
Answer explanation
B2B e-commerce involves online transactions between businesses for buying and selling goods or services.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of wholesalers in the supply chain?
Wholesalers purchase goods in bulk from manufacturers and sell them to retailers.
Wholesalers only purchase goods from retailers
Wholesalers are not involved in the supply chain process
Wholesalers only sell goods to consumers directly
Answer explanation
Wholesalers purchase goods in bulk from manufacturers and sell them to retailers, playing a crucial role in the supply chain by facilitating the distribution of goods between manufacturers and retailers.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
List three benefits of using e-markets for businesses.
Increased reach, Lower operational costs, Customer behavior analysis
Decreased reach, Higher operational costs, Lack of customer behavior analysis
Limited reach, Increased operational costs, Lack of customer behavior analysis
Same reach, Same operational costs, No customer behavior analysis
Answer explanation
Using e-markets can benefit businesses by increasing reach, lowering operational costs, and providing insights into customer behavior.
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