Exam (elaborations)
Business 101_ Chapter 15
- Institution
- NUR 240 EXAM 2 Practice Questions.
Business 101_ Chapter 15
[Show more]
Seller
Follow
Content preview
Business 101: Chapter 15Administered Distribution System - ANS-A system in which producers manage all the
marketing functions at the retail level.
Agents/Brokers - ANS-Marketing intermediaries who bring buyers and sellers together
and assist in negotiating an exchange but don't take title to the goods.
Cash-and-Carry Wholesalers - ANS-Serve mostly smaller retailers with a limited
assortment of products.
Channel of Distribution - ANS-Consist of whole set of marketing intermediaries, such as
agents, brokers, wholesalers, and retailers, that join together to to transport and store
goods in their path from producers to consumers.
Contractual Distribution System - ANS-When members are bound to cooperate rough
contractual agreements.
Corporate Distribution System - ANS-One firm that owns all the organizations in the
channel of distribution.
Direct Marketing - ANS-Any activity that directly links manufacturers or intermediaries
with the ultimate consumer .
Direct Selling - ANS-Reaches consumers in their homes or workplaces.
Drop Shippers - ANS-Solicit orders from retailers and other wholesalers and have the
merchandise shipped directly from a producer to a buyer.
Electronic Retailing - ANS-Selling goods and services to ultimate consumers online.
Exclusive Distribution - ANS-The use of only on retail outlet in a given geographic area.
Freight Forwarder - ANS-Many small shipments that are together that create a single
large one that can be transported cost-effectively by truck or train.
Inbound Logistics - ANS-Brings raw materials, packaging, other goods and services,
and information from suppliers to producers.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller modockochieng06. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.46. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80364 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now