MKTG 320 EXAM 3 QUESTIONS & ANSWERS
Which is not a primary function of logistics?
a. Transportation
b. Warehousing
c. Inventory Control
d. Government agencies - Answers - d. Government agencies
How do government agencies affect distribution in high-income, developed countries?
a. They are a promoter of national security interests.
b. They are a promoter of international involvement of firms.
c. Thin provide insurance for higher risk international ventures.
d. All of the above are true. - Answers - d. All of the above are true.
Which method is most likely to eliminate the existence of parallel imports?
a. Eliminating price differences
b. Creating products for high markets that are as attractive for an up-market
c. Complicating the repair process for regular market goods
d. advertisement of products - Answers - a. Eliminating price differences
Article: Retailers Conform to Saudi Rules - Answers -
Article: Luxury Goods Makers' Reliance on China is a Problem - Answers -
Retail Formats: Specialty Stores - Answers - *Specialty Stores*
o Retailers offering a narrow product line and wide assortment.
o Examples:
---- Virgin Records (music products)
---- Mango (youth fashion)
*Specialized (Specialty) Markets*
o Markets that house stores specializing in a particular product category.
---- Jade market, Hong Kong
---- Covered bazaar, Istanbul
Retail Formats: Department Stores - Answers - - Offer a broad variety of goods and
wide assortments.
- Developments:
o U.S. and Canada - recent substantial losses.
o Europe - expansion of national chains throughout the European Union.
o Asia - on the decline.
In the process of internationalization, many retailers are subscribing to the current trend
of:
Which is not a primary function of logistics?
a. Transportation
b. Warehousing
c. Inventory Control
d. Government agencies - Answers - d. Government agencies
How do government agencies affect distribution in high-income, developed countries?
a. They are a promoter of national security interests.
b. They are a promoter of international involvement of firms.
c. Thin provide insurance for higher risk international ventures.
d. All of the above are true. - Answers - d. All of the above are true.
Which method is most likely to eliminate the existence of parallel imports?
a. Eliminating price differences
b. Creating products for high markets that are as attractive for an up-market
c. Complicating the repair process for regular market goods
d. advertisement of products - Answers - a. Eliminating price differences
Article: Retailers Conform to Saudi Rules - Answers -
Article: Luxury Goods Makers' Reliance on China is a Problem - Answers -
Retail Formats: Specialty Stores - Answers - *Specialty Stores*
o Retailers offering a narrow product line and wide assortment.
o Examples:
---- Virgin Records (music products)
---- Mango (youth fashion)
*Specialized (Specialty) Markets*
o Markets that house stores specializing in a particular product category.
---- Jade market, Hong Kong
---- Covered bazaar, Istanbul
Retail Formats: Department Stores - Answers - - Offer a broad variety of goods and
wide assortments.
- Developments:
o U.S. and Canada - recent substantial losses.
o Europe - expansion of national chains throughout the European Union.
o Asia - on the decline.
In the process of internationalization, many retailers are subscribing to the current trend
of:
