PRINCIPLES OF MARKETING

Twelve large Grade A eggs could be placed in some cartons and 12 medium Grade B eggs in other cartons. Which of the following brings similar stocks together into a larger quantity?

• Distributing

• Sorting Out

• Allocating

• Accumulating

What is made up of marketing intermediaries, or organizations that assist in moving goods and services from producers to end users and consumers?

• Distribution Channel

• Traditional channel

• Nontraditional channel

• Supply Chain

Who are sales representatives of manufacturers and wholesalers or are entities that bring buyers and sellers together?

• Agents and brokers

• Wholesalers

• Industrial Distributors

• Retailers

What distribution channel arrangements help differentiate a firm's product from the competition?

• Distribution channel

• Traditional channel

• Nontraditional channel

• Supply Chain

What is identified as firms that sell finished goods to retailers, manufacturers, and institutions?

• Agents and brokers

• Wholesalers

• Industrial Distributors

• Retailers

For instance, a tank-car load of milk could be broken down into gallon jugs. Which of the following breaks similar products into smaller and smaller lots?

• Allocating

• Sorting Out

• Distributing

• Accumulating

Eggs, for instance, are sorted by grade and size. Breaking many different items into separate stocks that are similar?

• Accumulating

• Sorting Out

• Allocating

• Distributing

What is identified as independent wholesalers that buy related product lines from many manufacturers and sell them to industrial users?

• Agents and brokers

• Wholesalers

• Industrial Distributors

• Retailers

What system known as an economic activity is linked to a complex system of suppliers and customers, which must be supported by a transport system?

• Supply Chain

• Distribution Channel

• Allocating

• Accumulating

What is identified as firms that sell goods to consumers and industrial users for their own consumption?

• Agents and brokers

• Wholesalers

• Industrial Distributors

• Retailers