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MARKETING 3000 EXAM 3 JOEL POOR |COMPLETE AND DETAILED QUESTIONS AND ANSWERS | REAL EXAM QNA | 2025 LATEST UPDATED 100% RATED CORRECT | 100% VERFIED | ALREADY GRADED A+|GUARANTEED TO PASS!!

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MARKETING 3000 EXAM 3 JOEL POOR |COMPLETE AND DETAILED QUESTIONS AND ANSWERS | REAL EXAM QNA | 2025 LATEST UPDATED 100% RATED CORRECT | 100% VERFIED | ALREADY GRADED A+|GUARANTEED TO PASS!!

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JOEL POOR
Vak
JOEL POOR

Voorbeeld van de inhoud

MARKETING 3000 EXAM 3 JOEL POOR |COMPLETE AND DETAILED

QUESTIONS AND ANSWERS | REAL EXAM QNA | 2025 LATEST

UPDATED 100% RATED CORRECT | 100% VERFIED | ALREADY

GRADED A+|GUARANTEED TO PASS!!

Distribution Decisions - (answer)involve managing the marketing channel (pipeline of org. that a
product passes from producer to consumer)


Channel Members - (answer)distributors, resellers, wholesalers, retailers, etc.



Supply Chain - (answer)network of business entities that support marketing channel functions


Functions of Channel Members - (answer)- Transactional functions

- Logistical functions

- Facilitation functions



Transactional Functions - (answer)include contacting and promoting products to potential
customers

-buying and selling

-risk-taking


Logistical Functions - (answer)provided through physical distribution, storing, and sorting of
goods
(Ex: eggs)

-storing off loads risk

,Facilitation Functions - (answer)include both research and finance. Research includes collecting
information to and from the producer and the consumer. Finance includes providing help to
move the product through the channel.

Financial Ex: Sears

Grading Ex: Dairy products, meat



Channel Depth - (answer)number of intermediaries between the producer and consumer.

- no depth in direct markets

-smaller manufacturers often use deep channels


Channel Width - (answer)number of outlets offering a product in a particular geographic area



3 Types of Channel Coverage Strategies - (answer)-Intensive distribution

-Selective distribution

-Exclusive distribution


Intensive Distribution - (answer)provides widest coverage; used for routine buying decisions
where proximity to the customer is paramount; maximize exposure, placement is important

(Ex: gum)


2 Reasons Why Not All Products are Intensively Distributed - (answer)-distribution costs go up
as a firm widens their product coverage

-there is tradeoff between coverage and sales effort on the part of channel members



Selective Distribution - (answer)distributing a product in selected outlets within a geographic
area

-provides coverage with some expectation of sales effort

(Ex: electronics)

, Exclusive Distribution - (answer)maximizes sales effort while minimizing coverage (one outlet
in geographic area)

-distributor gets all the sales of product, but also may sell other products

-experts in sales "push" the product and provide "after-the-sale" service

(Ex: cars)



Global Distribution - (answer)- channel and distribution systems may be among the most
challenging to do this because of infrastructures, distribution networks, and responsibilities
differing country to country



Decentralized Distribution - (answer)believed to optimize customer satisfaction, but global is
becoming more feasible.



Which country has many more levels of distribution than the US? - (answer)Japan, but their
systems are costly, timely, and complex


What percentage of the market is covered by smaller independent wholesalers? - (answer)1/5 or
1/4


Forms of retailing that penetrate foreign markets - (answer)-catalogs

-convenience/self-service stores

-discount stores

-franchises



Retailing - (answer)least globalized recently, but changing rapidly

most retail establishments are small, but the top 10 have more than 15% total retail trade in US


Types of Retailers - (answer)-department stores

-discount stores

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