Downstream marketing channel partners
1) Downstream marketing channel partners, such as wholesalers and retailers, form a vital link between the firm and its customers.( )Page Ref: 340
2) A company’s channel decisions directly affect the prices of its products.
( )Page Ref: 341
3) Producers use intermediaries because they create greater efficiency in making goods available to target markets.( )Page Ref: 342
4) The role of marketing intermediaries is to transform the assortments of products made by retailers into the assortments wanted by producers.( )Page Ref: 342
5) Each layer of marketing intermediaries that performs some work in bringing the product and its ownership closer to the final buyer is a channel level.( )Page Ref: 343
6) The number of products supplied indicates the length of a channel.
( )Page Ref: 343
7) In a direct marketing channel, the producer sells directly to the intermediaries, who in turn sell directly to the customers. ( )Page Ref: 343
8) Horizontal conflicts are conflicts between different levels of the same channel.
( )Page Ref: 344
9) Vertical conflict occurs among firms at the same level of the channel.
( )Page Ref: 344
10) A conventional distribution channel consists of one or more independent producers, wholesalers, and retailers; each seeking to maximize its own profits, perhaps even at the expense of the system as a whole. ( )Page Ref: 345
11) A non-corporate VMS integrates successive stages of production and distribution under single ownership.( )Page Ref: 346
12) In a vertical marketing system, two or more companies at one level join together to follow a new marketing opportunity. ( )Page Ref: 347
13) Multichannel marketing occurs when a single firm sets up two or more marketing channels to reach one or more customer segments.( )Page Ref: 348
14) Disintermediation occurs when radically new types of channel intermediaries displace traditional ones.( )Page Ref: 348-349
15) Marketing channel design calls for analyzing consumer needs, setting channel objectives, identifying major channel alternatives, and evaluating those alternatives.
( )Page Ref: 350
16) Producers of convenience products and common raw materials typically seek exclusive distribution, a strategy in which they stock their products in as many outlets as possible.
( )Page Ref: 351
17) Under the strategy of intensive distribution, the producer gives only a limited number of dealers the exclusive right to distribute its products in their territories.
( )Page Ref: 351
18) Marketing channel management calls for selecting, managing, and motivating individual channel members and evaluating their performance over time.
( )Page Ref: 353