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Place

Place

Assessment

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University

Practice Problem

Easy

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35 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a place in marekting?

Channel design: How to bring the products to the market?

channel management: How to coordinate with channel members to produce desired services for

end users?

None of them

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Marketing distribution channel: interdependent organization that help make a product or service available for use or consumption by the end consumer/user

Agree

Disagree

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Who is the one creating efficiency for manufacturers and consumers?

middle man

Channel members

intermediaries

manager

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Reduce number of contacts for transactional efficiency
• Should add value by:
1. Helping to complete transactions (e.g., matching supply and demand,
connecting sellers and buyers, negotiating transfer of ownership of goods)
2. Helping to fulfill completed transactions (e.g., transporting goods,
financing, assuming risk)
12

Role of channel members

Role of the managers

Role of the buyers

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Topic: Channel member

Negotiates sales without taking title to the goods. Generally paid

by commission or fees, who?

Agent/broker (is to make the sale, represent the “line” to the retailer and assist on the “pull” of the products at retail.)

Wholeseller

retailer

facilitating agency

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Topic: Channel member

Takes title to the goods and resells them, who?

Agent/broker (is to make the sale, represent the “line” to the retailer and assist on the “pull” of the products at retail.)

Wholeseller

retailer

facilitating agency

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Topic: Channel member

sells to end users, who?

Agent/broker (is to make the sale, represent the “line” to the retailer and assist on the “pull” of the products at retail.)

Wholeseller

retailer

facilitating agency

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