Principles Of Marketing
17th Edition
ISBN: 9780134492513
Author: Kotler, Philip, Armstrong, Gary (gary M.)
Publisher: Pearson Higher Education,
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A distributor provides benefit in a way that it increases number of transactions between company and customers hence allows more people to work and decreases unemployment in a country.
Select one:
a. False
b. True
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- Which of the following is not an element of risk in procuring goods from a Western source, rather than a low-cost country? O increased regulations O higher costs and prices for materials O changes in competitive lead times climate changearrow_forwardHigh bargaining power of the buyers tends to increase industry rivalry. O True Falsearrow_forwardDoes high frequency trading increase market quality? Provide theoratical literature, empirical evidence, examples and relevant theories etc.arrow_forward
- When governments are the target of price-fixing by vendors providing goods and services, it is called: Group of answer choices A. bid-rigging. B. government fraud. C. illegal rigging. D. contract manipulation.arrow_forwardThe New York Stock Exchange (NYSE) is primarily A). Represents a loose collection of dealers who trade stock electronically B).A primary market C).An over-the-counter market D).A physical location auction marketarrow_forwardConditions for demand are consumers O willingness but not ability to buy willingness and ability to sell O willingness and ability to buy O ability but not willingness to buyarrow_forward
- You are a supply manager for a major distributor. The CEO has strongly encouraged that you buy lighting products for the new municipal stadium from a supplier that belongs to the CEO’s country club. How would you handle this attempt to influence you?arrow_forwardPrivate goods are those that can be provided by a free market with no Pareto- efficiency loss. Select one: True O Falsearrow_forward4 Drop shipping: Select one: a. is equivalent to cross-docking. b. is a good reason to find a new firm to ship your products. c. means the supplier will ship directly to the end consumer, rather than to the seller. d. is the same thing as keiretsu. e. is the opposite of a blanket order.arrow_forward
- QuickBooks considers all of the following to be vendors except: Multiple Choice Utility companies Suppliers of inventory and supplies Tax agencies such as the IRS Customers purchasing productsarrow_forwardBringing in products and services to satisfy the needs and wants of consumers is called a. exporting b. producing c. importing d. processingarrow_forward
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