Marketing 3010 Ch. 15 Quiz

21 August 2023
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question
_____ is a practice in which merchandise cartons are prepackaged by the vendor for a specific store.
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Cross-docking
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When Clarissa sells the jewelry she makes at craft fairs or on her personal website, she is utilizing a(n) _____ marketing channel.
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Direct
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When there is disagreement among members at the same level of marketing channels, such as when Best Buy and Sears engage in a price war on Maytag appliances, _____ channel conflict can occur.
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Horizontal
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JIT inventory systems are associated with all of the following except
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more inventory to warehouse.
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As the dominant member of the channel of distribution, Coca-Cola holds a lot of power in the relationship with independent grocery stores, and as such, it performs the functions of restocking merchandise, setting up special displays, and rotating merchandise. This is an example of
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an administered vertical marketing system.
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The international fashion retailer Zara's parent company, Inditex, owns the manufacturing plants, warehouse facilities, retail outlets, and design studios, which is an example of
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a corporate vertical marketing system.
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All of the following are examples of the value provided by a supply chain in the production of kitchen stoves except
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the product design team develops initial drawings for a new product offering.
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A(n) _____ involves the computer-to-computer transmission of sales data, purchase orders, invoices, and data about returned merchandise between a retailer and its vendors.
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electronic data interchange
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The amount of time between the recognition that an order needs to be placed and the arrival of the needed merchandise at the seller's store ready for sale is referred to as
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Lead time
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Frito-Lay is an example of a company that partners with retailers by implementing a(n) _____ system, involving taking on the responsibility of managing inventory levels at the retailers where its products are sold.
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vendor-managed inventory