dismgt reviewer Flashcards

1
Q

It is the process of overseeing the movement of goods from supplier or manufacturer to point of sale.

A

Distribution Management

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2
Q

An overarching term that refers to numerous activities and processes such as packaging, inventory, warehousing, supply chain, and logistics.

A

Distribution Management

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3
Q

This is to ensure maximum profitability by delivery of goods as fast and efficient as possible to clients.

A

For the Distributors and Wholesalers

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4
Q

It helps facilitate the transfer of goods towards the desired target market.

A

For the Manufacturers

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5
Q

Fast transaction, outright want or need satisfaction

A

For the consumers and customers

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6
Q

A chain of businesses or intermediaries through which a good or service passes until it reaches the end consumer.

A

Distribution channel

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7
Q

2 kinds of channels:

A
  • direct channel
  • indirect channel
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8
Q

It allows the consumer to make purchases from the manufacturer.

A

Direct channel

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9
Q

It allows the consumer to buy the goods from a wholesaler or retailer.

A

Indirect channel

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10
Q

It is selling directly to the intended customer without neccesarily going through a complex supply chain.

A

Direct Distribution

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11
Q

The utilization of wholesalers, agents, retailers, and other elements which may get hold of the product before the actual and intended customers.

A

Intermediaries

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12
Q

It describes a wide variety of marketing arrangements by which the manufacturer or wholesalers uses more than one channel simultaneously to reach the end user.

A

Dual Distribution

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13
Q

A distribution channel where goods that are either damaged or at some point have served their purpose well will return back to the original manufacturer for recycling or refurbishing.

A

Reverse Channel

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14
Q

Considerations in selecting a channel:

A
  • Consumer preferences
  • Brand
  • Cost
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15
Q

The distribution management need to maintain optimum stocks of different products to meet customer demands. It needs to order an appropriate assortment of different merchandise.

A

Inventory Management

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16
Q

Marketing channels are responsible for providing customer service in the form of credit, delivery and technical assistance. It also arranges for the return of the defective merchandise from the customers.

A

Physical Distribution

17
Q

Many channel partners design their sales promotion to increase the sales in their territories.

A

Marketing Communication

18
Q

Channel partners are an important source of information about the changes in customer preferences, competitive strategies, and changes in the market.

A

Market Feedback

19
Q

Channel partners offer credit to the retailers to increase the sales and availability of the products.

A

Financial Risk

20
Q

Adjust the offer to suit the buyer’s needs.

A

Matching

21
Q

The direct kind of distribution model where the company or the manufacturer goes directly to the customer and sells the product.

A

zero-level channel in consumer market

22
Q

They undergo accreditation of retailers and these retailers will now sell the product to the customers on another point.

A

one-level channel in consumer market

23
Q

There are distributors involved and distributors will select retailers they will transact with.

A

two-level channel in consumer market

24
Q

The company will hire or select distributors as channel partners and distributors will look or hire agents, and the agents in return will find retailers that will sell the product to the customers.

A

three-level channel in consumer market

25
Q

The company sells the product to customers through the industrial distributors.

A

one-level channel in industrial market

26
Q

The structure follows intermediaries between the company and the customer. (company’s representative and industrial distributor)

A

two-level channel in industrial market

27
Q

An agent mediates between the industrial distributor and the company’s representative.

A

three-level channel in industrial market

28
Q

The level of availability selected for a particular product by a marketer.

A

Distribution Intensity

29
Q

It is an agreement between a supplier and a retailer granting the retailer exclusive rights within a specific geographical area to carry the supplier’s product.

A

Exclusive Distribution

30
Q

A strategic approach used by companies to limit their product sales to a specific set of outlets in order to maintain control over brand image, quality, and the sales environment.

A

Selective Distribution

31
Q

A strategy that involves making a company’s products available to customers in as many places as possible.

A

Intensive Distribution

32
Q
A
33
Q

3 factors in designing rural distribution:

A
  • appropriate
  • aggregate
  • appoint