MKT 301 Quiz 6

Federal legislation on price fixing requires that sellers set their prices ________.
Based on their fixed and variable costs
Without communication from competitors
To achieve a specific profit margin
Without the intention of cutting into competitors' profits
Consistently throughout a region
Which of the following is an advantage of adding new channels in a multichannel distribution system?
Limiting market complexity
Reducing control over the system
Expanding sales and market coverage
Decreasing marketing needs and costs
Minimizing mass customization of products
A view of the market that specifies that planning starts by identifying the needsof target customers, to which the company responds by organizing a chain of resources and activities with the goal of creating customer value is a(n) ________ view.
Make-and-sell
Identify-and-target
Purchase-produce-and-consume
Market-and-profit
Sense-and-respond
Which of the following is NOT a step in designing an effective marketing channel?
Evaluating the channel alternatives
Identifying major channel alternatives
Analyzing consumer needs
Determining pricing policy for channel members
Setting channel objectives
Managers at the Imperial Hotel-Chicago complained that the chain's overall image was hurt because Imperial Hotel-Dallas was overcharging guests and providing poor service. The Imperial Hotel was experiencing ________ conflict.
Equilateral
Vertical
Multitiered
Communal
Horizontal
The ________ organization is the most common type of contractual vertical marketing system.
Franchise
Horizontal
Conventional
Multi-national
Entrepreneurial
Plasticine Palace supplies its products exclusively to Arts & Crafts, a chain of stationery stores across the country. The chain then makes the plasticine available to end consumers. This is an example of ________.
A direct marketing channel
Intensive distribution
An indirect marketing channel
Disintermediation
Extensive distribution
________ occurs when a seller states price savings that are not actually available to consumers.
Comparative pricing
Scanner fraud
Market skimming
Deceptive pricing
Price collusion
________ distribution is a strategy in which producers of convenience products and common raw materials stock their products in as many outlets as possible.
Direct
Intensive
Inclusive
Exclusive
Selective
The greater the number of channel levels in a marketing channel, the ________.
Greater the channel complexity
Less distance between producer and end-consumer
Less time it takes for products to reach end-consumers
Greater the control producers have over the distribution of their products
Greater the control producers have over the demand of their products
{"name":"MKT 301 Quiz 6", "url":"https://www.quiz-maker.com/QPREVIEW","txt":"Federal legislation on price fixing requires that sellers set their prices ________., Which of the following is an advantage of adding new channels in a multichannel distribution system?, A view of the market that specifies that planning starts by identifying the needsof target customers, to which the company responds by organizing a chain of resources and activities with the goal of creating customer value is a(n) ________ view.","img":"https://www.quiz-maker.com/3012/images/ogquiz.png"}
Powered by: Quiz Maker