Post Test for Channel It

Which of the following is an example of an industrial user:

A hairstylist buying new scissors to perform haircuts

Which of the following intermediaries never actually owns the products they promote and sell:

Agents

Do use of intermediaries enables producers to make large profits because intermediaries

May sell more than the producer could sell on its own

Producers are able to match their production to the needs of consumers or industrial users because intermediaries

Develop an assortment of goods

What are 3 types of intermediaries?

Retailer, Wholesaler, & Agent

Walmart dominoes and Avis Rent-A-Car are examples of

Retailers

An intermediary function that makes a good available to consumers where they are wanted and needed is

Transporting and storing

What is a producer?

someone who makes, gross or provides goods or services

Which of the following is an example of an ultimate consumer:

A teenager buying his or her first car

Examples of Channels of Service

Dog going to the groomers and Travel Agents/Planners

Quality distributors buys electrical equipment and supplies from ABC electric and sell them to local electrical contractors. Quality distributors is an example of an

Intermediary

Which of the following retailers would most likely be apart of the producer to retailer to consumer channel:

Large retail chain (ex. Kroger, Target, & Walmart)

What distribution channel is used for high-priced industrial goods when the producer does not have its own sale force?

Producer to agent to user

They buy large quantities of goods and raw materials from producers and sell small quantities to industrial users

Producer to industrial distributor to user

What is the most common channel of distribution for a large industrial goods?

Producer to industrial user

Which of the following is a direct channel of distribution for consumer goods and services:

Producer to ultimate consumer

Which of the following services would be distributed by a producer to agent to consumer channel:

Travel planning

Which of the following is a benefit of channels of distribution:

We can more easily obtain products from all over the world

Top-notch wheels buys mountain bikes from the Great Colorado Mountain bike company and sells them to bike shops. Top-notch Wheels is an example of a

Wholesaler

What type of intermediary would purchase baseball bats from one producer, Mits from another, and balls from still another, and then sell an assortment to sporting good stores?

Wholesaler

An advantage for producers in using the producer to wholesaler to retailer to consumer distribution channel is that

Wholesalers usually buy in large quantities

Which indirect channel of distribution is used to reach large retailers when the producer does not want responsibility for the selling activities?

Producer to agent to retailer to consumer

Intermediaries buy large quantities of goods from producers and sell smaller quantities to other intermediaries or to consumers. The result is that intermediaries ________________there per unit cost for goods.

Reduce

What are Three Ways that intermediaries enable producers to match production to the wants of consumers and industrial users?

Buy Big Sell Small, Transport and Stores Goods, & Develop An Assortment of Goods

producers are able to share their responsibilities for distribution with a maximum number of intermediaries. What is this channel?

Producer -> Agent -> Wholesaler -> Retailer -> Consumer

Producers sells the product to the retailer who then sells it to the customer

Producer -> Retailer -> Consumer

the most common channel of distribution for consumer goods.

Producer -> Wholesaler -> Retailer -> Consumer

The industrial distributor buys large quantities of a good from an agent and sells smaller quantities to industrial users. This route is often used by small producers of items such as building supplies.

Producer to agent to industrial distributor to user

most services follow a direct channel of distribution—they move directly from the service provider to the consumer or user.

Channels of Service

Describe the role of intermediaries in channels of Distribution?

Middle man. Operators between producer and consumer

Where does a channel of distribution begin and end?

begins With the producer and ends with ultimate consumer

What is the Ultimate Consumer?

Anyone who personally uses a good or service to satisfy his/her own needs

What is an Industrial User?

Business that buys materials, services or goods that'll be used to make other goods