Exam (elaborations)
COB 300 McMillen Final Exam Questions and Answers 100% Pass
COB 300 McMillen Final Exam
Questions and Answers 100% Pass
Management contracting - a joint venture in which the domestic firm supplies the management
know-how to a foreign company that supplies the capital; the domestic firm exports management
services rather than products.
Direct investment...
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January 8, 2025
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COB 300 McMillen Final Exam
Questions and Answers 100% Pass
Management contracting - ✔✔a joint venture in which the domestic firm supplies the management
know-how to a foreign company that supplies the capital; the domestic firm exports management
services rather than products.
Direct investment - ✔✔entering a foreign market by developing foreign-based assembly or
manufacturing facilities.
Licensing - ✔✔entering foreign markets by developing an agreement with a licensee in the foreign
market.
Contract manufacturing - ✔✔a joint venture in which a company contracts with manufacturers in a
foreign market to produce its product or provide its service.
whole-channel view - ✔✔Consists of designing international channels that take into account the entire
global supply chain and marketing channel, forging an effective global value delivery network
marketing logistics - ✔✔planning, implementing, and controlling the physical flow of materials, final
goods, and related information from points of origin to points of consumption to meet customer
requirements at a profit
corporate VMS - ✔✔a vertical marketing system that combines successive stages of production and
distribution under single ownership
X
Emily Charlene
Lead Athor
©All Rights Reserved, 2025
, 2|Page
indirect marketing channel - ✔✔a marketing channel containing one or more intermediary levels
contractual VMS - ✔✔A vertical marketing system in which independent firms at different levels of
production and distribution join together through contracts
Marketing channel management - ✔✔selecting, managing, and motivating individual channel members
and evaluating their performance over time.
administered VMS - ✔✔A vertical marketing system that coordinates successive stages of production and
distribution through the size and power of one of the parties
conventional distribution channel - ✔✔A channel that consists of one or more independent producers,
wholesalers, and retailers, each a separate business seeking to maximize its own profits
A marketing channel - ✔✔a set of interdependent organizations that help make a product or service
available for use or consumption by the consumer or business user
Channel level - ✔✔the layer of intermediaries that performs some of the work in bringing the product
and its ownership closer to the final buyer
multichannel distribution system - ✔✔a distribution system in which a single firm sets up two or more
marketing channels to reach one or more customer segments.
Distribution center - ✔✔a large, highly automated warehouse assigned to receive goods from various
plants and suppliers, take orders, fill them, and deliver goods to customers
Value delivery network - ✔✔A network composed of the company, suppliers, distributors, and
ultimately, customers who partner with each other to improve the performance of the entire system on
delivering customer value
X
Emily Charlene
Lead Athor
©All Rights Reserved, 2025