Chapter 12 ITB

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

• true

• false

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

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

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

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.

• industrial

• consumer

• service

• distribution

• promotional

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

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.

• promotional

• service

• consumer

• industrial

• distribution

Tags

CCSS.L.11-12.6

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.W.8.2D

CCSS.W.9-10.2D

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:

• merchant wholesaler

• agent

• distributor

• distribution captain

• marketer

Tags

CCSS.L.11-12.6

CCSS.L.8.6

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.W.9-10.2D

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

• industrial manufacturer

• distribution leader

• industrial distributor

• market manager

• product manager

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

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:

• allocating

• adaptive packaging

• accumulating

• sorting out

• accruing

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

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

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

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

• merchant

• agent

• manufacturers'

• functional

• vertical

Tags

CCSS.L.11-12.6

CCSS.L.8.6

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.W.9-10.2D

Manufacturers' representatives usually:

• do not take title to goods

• receive commission on sales

• act as independent agents

• represent noncompeting manufacturers

• do all of the above

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4