Unit 5 Study Guide

Unit 5 Study Guide

9th - 12th Grade

20 Qs

quiz-placeholder

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Unit 5 Study Guide

Unit 5 Study Guide

Assessment

Quiz

Business

9th - 12th Grade

Hard

Created by

Trudi Rast

Used 3+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is a benefit of channels of distribution:
We can more easily obtain products from all over the world.
Producers must spend more money.
Retailers must spend more money.
We spend more time looking for products we want.

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is an example of an industrial user:
A parent buying a picture frame for his/her desk
A hairstylist buying new scissors to perform haircuts
A family buying a new home computer
A teacher buying a book to read on vacation

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What type of intermediary would purchase baseball bats from one producer, mitts from another, and balls from still another, and then sell an assortment to sporting goods stores?
Agent
Wholesaler
Producer
Retailer

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following intermediaries never actually owns the products they promote and sell:
Retailers
Wholesalers
Agents
Industrial users

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The use of intermediaries enables producers to make larger profits because intermediaries
help to reduce the per-unit costs of goods.
enable producers to use direct distribution.
increase the number of retailer-to-producer contacts.
may sell more than the producer could sell on its own.

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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.
reduce
increase
control
stabilize

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Producers are able to match their production to the needs of consumers or industrial users because intermediaries:
develop an assortment of goods.
increase distribution costs.
enable producers to promote goods.
extend credit services to consumers.

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