Multiple Choice Identify the choice that
best completes the statement or answers the question.
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1.
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Which one of the following factors do NOT determine
which members of a firm are most directly involved in generating sales in an integrated distribution
system?
a. | Strengths of suppliers | b. | Size of potential market | c. | Level of
customers’ globalization | d. | Complexity of
total product | e. | Hierarchical level
of purchase decision maker |
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2.
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____ distribution systems are not directly
controlled by the organization.
a. | Powered | b. | Forced | c. | Integrated | d. | Company-bound | e. | Independent |
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3.
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In domestic marketing, agents are often called
manufacturers’
a. | merchandisers. | b. | merchants. | c. | representatives. | d. | re-sellers. | e. | distributors. |
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4.
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Agents fully represent the company (also called the
____) in a particular market.
a. | principal | b. | partner | c. | supplier | d. | marketer | e. | delivering
party |
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5.
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In domestic marketing, merchants are commonly
referred to as
a. | agents. | b. | distributors or wholesalers. | c. | principal. | d. | stakeholder. | e. | merchandisers. |
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6.
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Merchants do
a. | not take title to the products being distributed, but
they bear the economic risks. | b. | not take title to
the goods, which they buy, handle and sell on their own account. | c. | take title to the goods, which they buy, handle and sell on their own
account. | d. | take title to the goods, but they do not bear any
economic risks. | e. | not take title to
the products being distributed, nor do they bear any economic
risks. |
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7.
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Brokers and factors are
a. | integrated agents. | b. | independent agents. | c. | dependent
agents. | d. | individual agents. | e. | company bound agents |
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8.
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An individual or organization that is granted the
right to conduct business under the franchiser’s trade name is called a
a. | franchising partner. | b. | franchising retailer. | c. | franchising
licensee. | d. | franchisee. | e. | franchising dealer. |
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9.
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The number of levels and types of intermediaries
define the
a. | length of a distribution
channel. | b. | width of a distribution
channel. | c. | importance of a distribution
channel. | d. | relation of a distribution
channel. | e. | communication of a distribution
channel. |
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10.
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A brand that is owned by the reseller and not by
the producing company
a. | has no particular name. | b. | is called reseller-brand. | c. | is called private-brand. | d. | is called
reseller- label. | e. | is called
private-label. |
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11.
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The first step in searching for local
intermediaries is to locate secondary sources of information. Which one of the following CANNOT be
used for that purpose?
a. | Local industry journals | b. | Local trade magazines | c. | Trade
directories | d. | Catalogs from
exhibitions and trade fairs | e. | Production
statistics |
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12.
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It is advisable to choose intermediaries that
handle
a. | complementary products | b. | additional products | c. | substitute
products | d. | supplementary products | e. | out-sourced products |
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13.
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People in the international marketer’s firm
who specifically handle the relationships with major partners are called
a. | regional managers. | b. | major partner managers. | c. | key account
managers. | d. | local distribution managers. | e. | sales managers. |
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14.
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If a supplier takes over the management of an
entire product category it is called
a. | multifunctional management. | b. | key account management. | c. | product line
management. | d. | supply
management. | e. | product category
management. |
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15.
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By which one of the following portfolios can the
international marketer control part of the international channel member’s goal achievement and
can clearly communicate some of its objectives?
a. | Market development/market coverage
portfolio | b. | Product penetration/market coverage
portfolio | c. | Product development /market coverage
portfolio | d. | Product development /market penetration
portfolio | e. | Market penetration/market coverage
portfolio |
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