Marketing 5.01 Multiple Choice Questions 2019

Marketing 5.01 Multiple Choice Questions 2019

Assessment

Flashcard

Created by

Quizizz Content

Life Skills

9th - 12th Grade

Hard

Student preview

quiz-placeholder

20 questions

Show all answers

1.

FLASHCARD QUESTION

Front

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

Back

transporting and storing.

2.

FLASHCARD QUESTION

Front

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

Back

reduce

3.

FLASHCARD QUESTION

Front

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

Back

develop an assortment of goods.

4.

FLASHCARD QUESTION

Front

Quality Distributors buys electrical equipment and supplies from ABC Electric and sells them to local electrical contractors. Quality Distributors is an example of a(n)

Back

intermediary.

5.

FLASHCARD QUESTION

Front

The use of intermediaries enables producers to make larger profits because intermediaries

Back

may sell more than the producer could sell on its own.

6.

FLASHCARD QUESTION

Front

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(n)

Back

wholesaler

7.

FLASHCARD QUESTION

Front

Walmart, Domino's, and Avis Rent-a-Car are examples of

Back

retailers

Explore all questions with a free account

or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?