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Business Essentials Study Set 7
Quiz 13: Pricing, Promoting, and Distributing Products
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Question 81
Short Answer
Which of the following intermediaries usually receive commissions based on the prices of the goods they sell? Produce markets Wholesalers Retailers Agents All of these
Question 82
Short Answer
When Vancouver-based Uniglobe Travel International books flight reservations, it is an illustration of which channel of distribution? Direct distribution Retail distribution Wholesale distribution Distribution by agents/brokers None of these
Question 83
Short Answer
Why is Wal-Mart an example of retail distribution? Because it is so important on the Canadian retail scene Because it buys products directly from manufacturers Because it employs more retail employees than any other firm Because it uses sales agents only for its sporting goods department Because many industrial buyers shop there
Question 84
Short Answer
A distribution channel is an intermediary who sells products directly to consumers. an intermediary who sells products to other businesses for resale to final consumers. the combination of distribution channels by which a firm gets its products to end-users. an individual or firm that helps to distribute a product. a network of independent companies through which a product passes from producer to end-user.
Question 85
Short Answer
Lawless Container Corp. produces packaging containers and sells them to industrial buyers such as Fisher-Price and Mr. Coffee. Lawless is a channel 1 system. channel 4 system. channel 2 system. channel 3 system. None of these.
Question 86
Short Answer
Goodyear and Levi's have their own retail outlets. This is an example of which distribution channel? Direct distribution Retail distribution Wholesale distribution Distribution by agents Distribution by brokers