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- 1. Multiple Choice
Distribution refers to the storing and __________ products to customers.
sorting
moving
packaging
- 2. Multiple Choice
The route used to physically get the product from the producer to the actual consumer is referred to as:
Wholesaling
Channels of distribution
- 3. Multiple Choice
Which is considered the traditional channel of distribution
Producer Retailer Consumer
Producer Wholesaler Consumer
Producer Wholesaler Retailer Consumer
Producer Consumer
- 4. Multiple Choice
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
- 5. Multiple Choice
Which type of wholesaler does not offer credit?
Specialist wholesaler
Cash and carry wholesaler
General wholesaler
- 6. Multiple Choice
The wholesaler is sometimes called an intermediary
True
False
- 7. Multiple Choice
One function of the wholesaler is that he/she breaks bulk.
True
False
- 8. Multiple Choice
This type of warehouse is owned by the government.
Cash and carry warehouse
Manufacturers warehouse
Public warehouse
Cold storages
- 9. Multiple Choice
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
- 10. Multiple Choice
He purchases directly from producer
Retailer
Wholesaler
- 11. Multiple Choice
He sells in bulk to buyer.
Retailer
Wholesaler
- 12. Multiple Choice
He makes cash payment and often pays in advance to the producer.
Wholesaler
Retailer
- 13. Multiple Choice
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
- 14. Multiple Choice
A direct channel of distribution brings the product directly from the producer to the consumer. ex. farmers market.
True
False
- 15. Multiple Choice
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
- 16. Multiple Choice
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
- 17. Multiple Choice
When a wholesaler predicts market trends and buys ahead of demand they are _____________________________.
Acting as an intermediary
Warehousing
Taking on risks
- 18. Multiple Choice
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
- 19. Multiple Choice
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
- 20. Multiple Choice
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
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