* A channel of distribution: | Selected Answer: | is any series of firms or individuals who participate in the flow of goods and services from producer to consumer or final user. | Answers: | is any series of firms or individuals who participate in the flow of goods and services from producer to consumer or final user. | | is only needed when products must be stored. | | must include one or more intermediaries. | | is only needed when products are sold indirectly. | | None of these alternatives is a good answer. | | * Question 2
0 out of 5 points | | | Intermediaries in indirect channels of distribution: | | | | | Selected Answer: | None of these alternatives is correct. | Answers: | Often perform functions Marketing Quizthat producers cannot perform efficiently by themselves. | | Do not provide additional convenience to consumers. | | Increase the need for producers to make large investments in distribution facilities and personnel. | | Make it necessary for producers to carry more inventories. | | None of these alternatives is correct. | | | | | * Question 3
5 out of 5 points | | | "Discrepancies of quantity" means: | | | | | Selected Answer: | the difference between the quantity of products it is economical for an individual producer to make and the quantity normally wanted by individual consumers or users. | Answers: | there are more producers than consumers. | | there are more consumers than producers. | | the difference between the product lines the typical producer makes and the assortment wanted by consumers or final users. | | consumers want more products than producers can make. | | the difference between the quantity of products it is economical for an individual producer to make and the quantity normally wanted by individual consumers or users. | | | | |