Tag: organisation of commerce and management

Quizzes (188) Questions (1057)

Questions Related to organisation of commerce and management

Multiple choice organisation of commerce and management channels of distribution elements of marketing mix middlemen physical distribution and channels

Which one of the following is NOT the mode of Direct Distribution system?

  1. Multiple shops

  2. Door-to-door selling

  3. Broking agent

  4. Direct mail order
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Direct distribution system refers to a distribution method where the manufacturer sells directly to the consumer without having a middlemen or intermediary. The distribution channel does not include wholesalers, distributors, retailers and agents. Company can have their own brand's shops located at different locations or customers can also place an order online.

Multiple choice organisation of commerce and management channels of distribution elements of marketing mix middlemen physical distribution and channels

Network marketing includes how many distribution channels?

  1. 0

  2. 1

  3. 2

  4. 3
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Network Networking is business model in which a distributor network is needed to build the business. It is also known as multilevel marketing. In this kind of marketing the distribution channel is at $0$ level as the firm sells goods directly to distributors.

Multiple choice organisation of commerce and management channels of distribution elements of marketing mix middlemen physical distribution and channels

In case of large number of consumer products, the potential buyers are scattered over a wide ___________.

  1. geographic area

  2. demographic categories

  3. behavioral categories

  4. all of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Consumer products are often sold to a mass market where potential buyers are dispersed across various geographic locations, demographic segments, and behavioral patterns.

Multiple choice organisation of commerce and management channels of distribution elements of marketing mix middlemen physical distribution and channels

Which of the following is not a function of distributors?

  1. Assorting

  2. Product promotion

  3. Risk taking

  4. None of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Distributors perform all the listed functions: assorting (gathering different products), product promotion (marketing), and risk taking (holding inventory). Therefore, none of the options listed are excluded.

Multiple choice organisation of commerce and management channels of distribution elements of marketing mix middlemen physical distribution and channels

Selling is one of the components of physical distribution.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

False , selling is one of the components of physical distribution . It is the process where directly or indirectly goods or services are provided to the customer. Selling is a broader concept in which physical distribution is a part.

Multiple choice organisation of commerce and management channels of distribution elements of marketing mix middlemen physical distribution and channels

What is the process which refers to oversight of materials, information and finances as they move in a process from suppliers to manufacturer to wholesaler to retailer to consumer?

  1. Supply chain management

  2. Transformational process

  3. Logistics Management

  4. Business Function
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Supply chain management (SCM) is the comprehensive management of the flow of goods, data, and finances from the initial supplier to the final customer.

Multiple choice organisation of commerce and management channels of distribution elements of marketing mix middlemen physical distribution and channels

The set of the activities of a new business should be designed to turn those resources into products and services that customers are willing to pay for. What is it called?

  1. Strategy

  2. Business function

  3. Financial Management

  4. Transformation process
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The transformation process refers to the set of activities that convert inputs (resources) into outputs (products and services) that have value for the customer.

Multiple choice organisation of commerce and management channels of distribution elements of marketing mix middlemen physical distribution and channels

Which of the following is not one of the supply chain management flows?

  1. Product

  2. Management

  3. Finance

  4. Information
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The three primary flows in SCM are the product flow, the information flow, and the finance flow. Management is the activity applied to these flows, not a flow itself.