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Unit 10: Reduced Flashcards | StudBud
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Unit 10: Reduced
Unit 10: Reduced
23 terms
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StudBud Administration
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23 cards
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Questions
23
Answers
1
A __ is a form listing the variety, quantity, and prices of products to be ordered.
Invoice
Receiving Record
Purchase Order
Inventory
2
This is the fastest, but most expensive, mode of transportation:
ships and boats
pipelines
airplanes
trucks
3
__ is the assortment of products maintained by a business.
Receiving Record
Purchase Order
Vendor
Inventory
4
These are companies that offer products for sale to other businesses:
Purchase Order
Inventory
Receiving Record
Vendor
5
Businesses who do not own the goods (or people) they sell but act as intermediaries
Channel Captains
Intermediaries
Agents
Wholesalers
6
The producer sells the product straight to the final consumer:
Industrial Distribution
Indirect Distribution
Promotional Distribution
Direct Distribution
7
This transportation system is expensive to construct and can be difficult to maintain.
trucks
airplanes
ships and boats
pipelines
8
A system that tracks the amount of a product on hand by maintaining records on sales.
Physical Inventory System
Perpetual Inventory System
Industrial Inventory Control System
Just-in-Time Inventory
9
Distribution is the marketing activity most closely associated with which marketing element
price
promotion
product
place
10
__ involves the locations and methods used to make the product available to customers.
Promotion
Production
Distribution
Pricing
11
Avon is a company that sells products directly to the consumer in their homes.
visual merchandising
atmospherics
non-store retailing
franchising
12
___ is the oldest and most basic part of marketing.
Production
Distribution
Promotion
Pricing
13
Intermediaries ___ the number of transactions required by manufacturers to reach customers.
have not effect
reduce
make more expensive
increase
14
This channel includes other businesses between the producer and the consumer:
Promotional Channel
Industrial Channel
Indirect Channel
Direct Channel
15
An inventory system that means that the inventory level is kept low and resupplied as needed.
Physical Inventory System
Perpetual Inventory System
Just-in-Time Inventory
Industrial Inventory Control System
16
The final business organization in an indirect channel of distribution for consumer products:
agents
intermediaries
wholesaler
retailers
17
This is the path a product takes from the producer to the ultimate consumer:
Industrial Channel
Channel of Distribution
Promotional Channel
Marketing Channel
18
A vendor will provide an _ or an itemized billing statement with terms of payment for the order
Purchase Order
Inventory
Receiving Record
Invoice
19
Products often move through long _ of distribution.
inventories
channels
lines
processes
20
This inventory system determines the amount of product on hand by visually counting the items.
Industrial Inventory Control System
Perpetual Inventory System
Physical Inventory System
Just-in-Time Inventory
21
This is a completed listing all the merchandise received in the shipment and its condition.
Vendor
Receiving Record
Inventory
Purchase Order
22
__ is the most challenging and complex part of marketing.
Production
Distribution
Promotion
Pricing
23
Another name for middlemen who help move products from the manufacturer to the final user.
Agents
Intermediaries
Wholesalers
Channel CAptians