Multiple Choice Identify the
choice that best completes the statement or answers the question.
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1.
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When a firms marketing strategy requires a high level of service before or after
the sale, what type of distribution channel might be appropriate?
a. | Integrated | b. | Indirect | c. | Overt | d. | Covert | e. | Elongated |
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2.
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Which type of intermediary usually performs a variety of functions including:
stock inventories, handling promotion, extending customer credit, processing orders, arranging
shipping, product maintenance and repair?
a. | Export Agents | b. | Export Distributors | c. | Cooperative
Organisations | d. | Trade Partners | e. | Distribution
House |
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3.
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In advanced retailing structure in mature economies, to what degree are retail
concepts, images and corporate identity important?
a. | Low. | b. | Limited. | c. | Rarely
used. | d. | Relatively highly. | e. | Very important. |
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4.
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For traditional retailers in developing countries, to what degree are retail
concepts, images and corporate identity important?
a. | Low. | b. | Limited. | c. | Rarely
used. | d. | Relatively highly. | e. | Very important. |
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5.
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Which of the following is not one of the push factors that has contributed to
the globalisation of retailers?
a. | Economic recession or limited growth in spending. | b. | High operating
costs labour, rents, taxation. | c. | Saturation of the home market or
over-competition. | d. | The geographical spread of trading
risks. | e. | A declining or ageing population. |
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6.
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Which of the following is not one of the pull factors that has contributed to
the globalisation of retailers?
a. | The me too syndrome in retailing. | b. | The opportunity to innovate under new market
conditions. | c. | Strong economic growth or rising standards of living. | d. | High population
growth or a high concentration of young adults. | e. | The underdevelopment of some markets or weak
competition. |
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7.
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If good are shipped under the agreement that the exporter is responsible for the
costs and risks of moving the goods up to the point of passing them over the ships rail, this is
termed _____.
a. | Ex-works | b. | Free on Board | c. | Partial
Delivery | d. | Cost, Insurance freight | e. | Caveat emptor |
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8.
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What direct threat does the Internet pose to intermediaries?
a. | Cancelling the trade deficit. | b. | Institutionalisation of the duty paid on
electronic transactions. | c. | The possibility of elimination of
intermediaries. | d. | Probation. |
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9.
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Parallel importation refers to authentic and legitimately manufactured trademark
items that are produced and purchased abroad but imported or diverted to anothe country by bypassing
designated channels. What type of market is this?
a. | Subversive. | b. | Sub-governmental. | c. | Grey. | d. | Placid. | e. | Black. |
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10.
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The period between departure and arrival of the carrier is called:
a. | Transit time. | b. | Shipping. | c. | Volume
radiation. | d. | Present danger. |
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