Marketing Cluster Exam

Marketing Cluster Exam

9th - 12th Grade

50 Qs

quiz-placeholder

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Marketing Cluster Exam

Marketing Cluster Exam

Assessment

Quiz

Business, Education, Professional Development

9th - 12th Grade

Practice Problem

Hard

Created by

James Whitfield

Used 65+ times

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50 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a way that local zoning laws affect businesses:

Prohibit price discrimination

Restrict placement of billboards

Limit creation of monopolies

Require labels on products

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is an example of a voluntary debtor-creditor relationship:

Requiring specific information

Receiving a monetary gift

Obtaining money from a bank

Owing punitive damages

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Every channel of distribution begins with the _____________ and ends with the user or consumer.

Intermediary

Producer

Retailer

Agent

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How does implementing an electronic data interchange (EDI) system benefit businesses?

It allows trading communities to establish linear distribution strategies

It increases the use of artificial intelligence systems

It duplicates the data entry process within the supply chain

It improves the speed and accuracy of information flow.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Marsha got a great deal on a phone that she bought online. When she had a problem with it, she contacted the manufacturer and was told that the company wouldn't honor the warranty because her phone had been sold by the manufacturer to a company in china. The manufacturer wouldn't honor the warranty because marshas phone is an example of a product in the ______________.

distribution channel

product life cycle

product mix

gray market

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of following is a true statement about channel-member relationships in the supply chain:

Members can often reduce conflict by focusing on the common goal of customer satisfaction

Because producers are the channel leaders, they usually have more negotiating power.

Technological advancements have made interaction among channel members unnecessary

To minimize horizontal conflict, most wholesalers in the supply chain charge slotting fees

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An important factor in effective verbal communication is

reading from a script

development mannerisma

having a pleasent voice

enunciating rapidly

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