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"Place" - Chapter Test

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Business

11th Grade

Used 12+ times

"Place" - Chapter Test
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

A supply chain includes only the producers and retailers involved in delivering goods to consumers.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Retailers are considered intermediaries in the supply chain.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Bulk-breaking involves breaking large quantities of goods into smaller quantities for resale.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Digital delivery is only used for media streaming services.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Agents and brokers take ownership of the products they distribute.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Exclusive distribution agreements restrict distributors from handling competitors' products.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is another term for "Place" in marketing?

Distribution

Production

Promotion

Pricing

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