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- Multiple ChoicePlease save your changes before editing any questions.
Distribution refers to the storing and __________ products to customers.
sorting
moving
packaging
- Multiple ChoicePlease save your changes before editing any questions.
The route used to physically get the product from the producer to the actual consumer is referred to as:
Wholesaling
Channels of distribution
- Multiple ChoicePlease save your changes before editing any questions.
Which is considered the traditional channel of distribution
Producer Retailer Consumer
Producer Wholesaler Consumer
Producer Wholesaler Retailer Consumer
Producer Consumer
- Multiple ChoicePlease save your changes before editing any questions.
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
- Multiple ChoicePlease save your changes before editing any questions.
Which type of wholesaler does not offer credit?
Specialist wholesaler
Cash and carry wholesaler
General wholesaler
- Multiple ChoicePlease save your changes before editing any questions.
The wholesaler is sometimes called an intermediary
True
False
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One function of the wholesaler is that he/she breaks bulk.
True
False
- Multiple ChoicePlease save your changes before editing any questions.
This type of warehouse is owned by the government.
Cash and carry warehouse
Manufacturers warehouse
Public warehouse
Cold storages
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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
- Multiple ChoicePlease save your changes before editing any questions.
He purchases directly from producer
Retailer
Wholesaler
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He sells in bulk to buyer.
Retailer
Wholesaler
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He makes cash payment and often pays in advance to the producer.
Wholesaler
Retailer
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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
- Multiple ChoicePlease save your changes before editing any questions.
A direct channel of distribution brings the product directly from the producer to the consumer. ex. farmers market.
True
False
- Multiple ChoicePlease save your changes before editing any questions.
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
- Multiple ChoicePlease save your changes before editing any questions.
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
- Multiple ChoicePlease save your changes before editing any questions.
When a wholesaler predicts market trends and buys ahead of demand they are _____________________________.
Acting as an intermediary
Warehousing
Taking on risks
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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
- Multiple ChoicePlease save your changes before editing any questions.
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
- Multiple ChoicePlease save your changes before editing any questions.
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