20 questions
Distribution refers to the storing and __________ products to customers.
sorting
moving
packaging
The route used to physically get the product from the producer to the actual consumer is referred to as:
Wholesaling
Channels of distribution
Which is considered the traditional channel of distribution
Producer Retailer Consumer
Producer Wholesaler Consumer
Producer Wholesaler Retailer Consumer
Producer Consumer
A wholesaler is a business that buys in extremely large quantities from manufacturers and sells in smaller to retailers but never to consumers.
True
False
Which type of wholesaler does not offer credit?
Specialist wholesaler
Cash and carry wholesaler
General wholesaler
The wholesaler is sometimes called an intermediary
True
False
One function of the wholesaler is that he/she breaks bulk.
True
False
This type of warehouse is owned by the government.
Cash and carry warehouse
Manufacturers warehouse
Public warehouse
Cold storages
Business that buys goods in large quantities, typically from manufacturers, and resells them in smaller batches to retailers. Also referred to as a wholesaling business.
Wholesaler
Manufacturer
Retailer
Franchise
He purchases directly from producer
Retailer
Wholesaler
He sells in bulk to buyer.
Retailer
Wholesaler
He makes cash payment and often pays in advance to the producer.
Wholesaler
Retailer
A producer decides to use agents to get his products in the market. The producer is using…
Direct distribution
Channel A Distribution
Intermediaries
No distribution
A direct channel of distribution brings the product directly from the producer to the consumer. ex. farmers market.
True
False
Top-Notch Wheels buys thousands of different brands of mountain bikes from The Great Colorado Mountain Bike Company and sells them to local bike shops. Top-Notch Wheels is an example of a(n)
agent
retailer
producer
wholesaler
Who operates from a large warehouse for convenient access from many local towns.
General Wholesalers
General Retailers
Cash and Carry Wholesalers
Cash ad Carry Retailers
When a wholesaler predicts market trends and buys ahead of demand they are _____________________________.
Acting as an intermediary
Warehousing
Taking on risks
When the wholesaler supply's goods and allow the retailer to pay at some later date this is called _____________________.
Acting as an intermediary
Breaking Bulk
Warehousing
Offering Credit
What 2 services does wholesalers offer to producers.
Reduces transport cost.
Offers choice products from many producers.
Finishes goods by grading and packing.
Advises on latest trends and best buys
What 2 services does wholesalers offer to retailers.
Reduces transport cost.
Offers choice products from many producers.
Finishes goods by grading and packing.
Advises on latest trends and best buys