Ltd. Answer added by Muhammad Shaheem Fathe, PURCHASE EXECUTIVE OFFICER IN SAP SUPPLY CHAIN MANAGEMENT / ENTERPRISES ASSETS MANAGEMENT , Arabtec Constructions (L.L.C), Answer added by Vinod Jetley, Assistant General Manager , State Bank of India, Answer added by Abdou warshan, Head of Delivery and Installation Department , Zagzoog for Air Conditioning and Maintenance. Strategic Management MCQ Questions and answers with easy and logical explanations. A) market targeting B) market dominance C) market p... ______ are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exert influen... A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. A) channel member B) marketing decision C) customer's choices D) employee in the channel E) competitor's actions Answer: B) ⦠( )Page Ref: 341 Get Fresh Updates On your job applications, and stay connected. A company's channel decisions directly affect every other marketing decision. Which of the following is NOT a typical supply chain member? In direct channel also known as zero-level channel, manufacturer and customer deal directly with each other. 2. This post covers marketing multiple choice questions with answers and explanation. A) product line B) product mix C) product exten... A company's channel decisions directly affect every ________. Bayt.com is the leading job site in the Middle East and North Africa, connecting job seekers with employers looking to hire. ( )Page Ref: 340 2) A company's channel decisions directly affect the prices of its products. Terms of Use - Answered - [push strategy] [pull strategy] [bundle strategy] [Both a and b] are the options of mcq question Considering marketing channel system, strategies used by companies to manage intermediaries are realted topics topics with 0 Attempts, 0 % Average Score, 0 Topic Tagged and 0 People Bookmarked this question which was asked on May 03, 2019 05:20 The type of product, your organizationâs capabilities versus those of other channel members, the way competing products are marketed, and changes in the business environment and technology can also affect your marketing channel decisions. Asked 10/14/2016 11:55:15 PM. ANSWER: d) 5. Channel partnership Trying to forge a long term partnership with the distributors 10. Every day, thousands of new job vacancies are listed on the award-winning platform from the region's top employers. a) True b) False A company's channel decisions directly affect every _____. Designing a channel system calls for analyzing customer needs, establishing channel objectives, & identifying & evaluating the major channel alternatives. Which of the following is NOT a typical supply chain member? Each of these channels may offer different coverage, skill, and performance. The process of selecting one or more market segments to enter is called ________. Intermediaries play an important role in matching ________. A. customer's choices. The process of selecting one or more market segments to enter is ⦠Multiple Choice Questions: Multiple Choice Questions This activity contains 20 questions. This activity contains 16 questions. The 5 components of a Channel Management Strategy . Various factors affect a companyâs decisions about the intensity of a productâs distribution. A channel consisting of one or more independent producers, wholesalers or retailers that are seeking to maximize their own profits even at the expense of profits for the channel as a whole is a _____. Expert Answered. Question. Management provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Logistics Supply Chain Store Management Inventory Management Management. A) product idea B) product concept C) screened product D) test market E) prod... A ________ is the set of all products and items a particular seller offers for sale. Marketing means A) Buying B) Selling C) Buying & Selling D) Analyzing Ans:C Q.2. The supply chain concept originated in what discipline? Question. _______ are visual representations of consumer perceptions and preferences. Channel-Design Decisions. Updated 10/15/2016 12:27:01 PM. Privacy Statement - MCQ: Unit-1: introduction to Operations and Supply Chain management 1. A) Procedural maps B) Brain maps C) Perceptual maps D) P... A company's channel decisions directly affect every ________. Marriage, childbirth, and divorce constitute the ________ that shape the consumption pattern of individuals. Here are the collections of MCQ questions on MIS with answer includes multiple-choice questions on the fundamentals of management information system. Test bank Questions and Answers of Chapter 10: Product Issues in Channel Management The chosen channels closely affect all other marketing decisions. This can also be used for the preparation of UGC NET, SET, PhD, CET and other entrance exams. MCQ - Supply Chain Management variability at an acceptable cost b)quality depends on how well the product fits patterns of consumer preferences even though quality cannot be defined, you know what it is c)quality is the degree to which a specific product conforms to standards 22. 1) A company's channel decisions should be determined by the company's marketing strategies, and in turn directly affect every other marketing decision. 61. Regression Equation as a company's sales? A) reseller B) supplier C) wholesaler D) retailer's creditor E) go... An attractive idea must be developed into a ________. : 12-5 76) In designing its marketing channel, Chairs for Every Occasion has moved from a make-and-sell view of its business, which focused on productive inputs and factory capacity as a starting point for marketing planning, to a sense-and respond view, which begins instead with ⦠The role of marketing channels - Channel Design, Channel Management 1. D................................................................................... >>>>>>>>>>>>>>>>>> D. marketing decision >>>>>>>>>>>>>>>>>>>>>>, answer D ___________ : marketing decision. ______ are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exert influence on others. Channel objectives are based on the requirements of the purchasers and users, the overall marketing strategy, and the long-run goals of the corporation. "Quality is defined by the customer" is : An unrealistic definition of quality A user-based definition of quality A manufacturing-based definition of quality A product-based definition of quality 2. A) stimulus B) motive C) culture D) perc... _______ are visual representations of consumer perceptions and preferences. According to this model, every firm is a synthesis of activities performed to produce, market, deliver, and support its product. Marketing channel decisions are among the most critical decisions facing an organization. Business MCQ Business - Chapter 10 Businesses that take part in a channel of distribution are known as Businesses that take part in a channel of distribution are known as Nadeem 23:01 Business - Chapter 10 , AL DOHA Company, Answer added by Salvatore Augello, owner , A.S. Trade & Consult. The process of selecting one or more market segments to enter is called ________. Imagine how it would affect our business. A company's channel decisions directly affect every _. It includes MCQ questions on the decision support system, examples of a finance and accounting information system, major goals of the requirement determination phase of information system development, On-line transaction processing, and the ⦠Various factors affect a companyâs decisions about the intensity of a productâs distribution. The channel manager must be very specific in describing channel tasks, and must define how these tasks will ⦠Conducting Marketing Research and Forecasting Demand, Consumer-Industrial and Government Markets, Executing Strategy Through Organizational Design, Strategic Elements of Competitive Advantage. A companyâs channel decisions directly affect every other marketing decision. 5. 2) Through imaginative distribution systems, companies can gain a competitive advantage, whereas companies may face damaging Channel objectives differ with product characteristics. Place decisions, for example, affect pricing. A company's channel decisions directly affect every marketing decision. While designing the marketing channels, the channels result in ___ service outputs. What if, some of the intermediaries are not work effectively ? Channel level: The producer and the final customer are part of every channel. A clear and thorough understanding of the customer, or target market, is required to be able to make appropriate decisions about channel integration and usability. Today we are going to explain what are the key factors in challenge management. The extended Ps of service marketing mix are : 11. After a company has reviewed its channel alternatives and determined the best channel design, it must implement and manage the chosen channel. Which is the most commonly used measure in media planning. The longer the channel, the more difficult it is to exercise control. Channels produce 5 service output levels: Whether to sell via intermediaries or directly to consumers, how many outlets to sell through, and whether to control or cooperate with other channel members are examples of decisions marketers must make about Promotion Price Distribution Product 62. 1) Downstream marketing channel partners, such as wholesalers and retailers, form a vital link between the firm and its customers. Their combined revenue was equal to that of 1.5 direct sales people. to join your professional community. It includes MCQ questions on the category of computer-based information systems, finance and accounting information systems, the expert system, office automation systems, and knowledge-based systems. Updated 5/29/2016 7:50:33 AM. Weegy: A company's channel decisions directly affect every marketing decision. The components are: True alignment to corporate and sales strategy Defined partner selection process Adherence to a channel governance process or log in In some cases, a channel manager had 20 small channel partners assigned to them. s. Expert answered|sujaysen|Points 18977| Log in for more information. Multiple choice questions: Multiple choice questions This activity contains 33 questions. Cookie Policy, Question added by Abdou warshan , Head of Delivery and Installation Department , Zagzoog for Air Conditioning and Maintenance, Answer added by mohamed badawy, Head Of Operations , Almajdoui Logistics Company, Answer added by Ahmed Hassan Ahmed Mohamed, Logistics Manager , مؤسسة ثابت سفر عبدالله الشهراني, Answer added by Wasi Rahman Sheikh, WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG, Answer added by Emad Mohammed said abdalla, ERP & IT Software, operation general manager . And because distribution channel decisions often involve long-term commitments to other firms, management must define its channels carefully, with an eye on tomorrow's likely selling environment as well as today's. The type of product, your organizationâs capabilities versus those of other channel members, the way competing products are marketed, and changes in the business environment and technology can also affect your marketing channel decisions. They may also realize economies of scale that channels of distribution often offer. specialized role A company's channel decisions directly affect every ⦠Business Communication MCQ Questions and answers with easy and logical explanations. © 2000-2021 Bayt.com, Inc. All Rights Reserved. A ________ is the set of all products and items a particular seller offers for sale. What is the idea of the Price value proposition? Strategic Management MCQ is important for exams like MAT, CAT, CA, CS, CMA, CPA, CFA, UPSC, Banking and other Management department exam. ... Those aspects of business that a retailer can directly affect, such as store hours and merchandise lines carried, are referred to as: controllable variables: demographic statistics: B. channel member. Management provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. It is divided into direct and indirect channel. ANSWER: c) Both a and b. How to tarnish your company's reputation in 30 seconds? Mcq 1. This answer has been confirmed as ⦠Your company policy allow to gift exchange with customer within certain limit. M.B.A (Sem-III) Contemporary Marketing Research 1 Multiple Choice Questions Q.1. Marketers that distribute products through mass merchandisers such as Wal-Mart will have different pricing objectives and strategies than will those that sell to specialty stores. Intermediaries play an important role in matching ________. D. marketing decision. Analyzing Customersâ Desired Service Output Levels. Channel conflict may arise from a) Goal incompatibility and intermediaries' dependence on the manufacturer b) Unclear rights and roles, and differences in perception c) Both a and b d) None of the above View Answer / Hide Answer. These Marketing MCQs are equally useful for students for MBA, MMS, BBA, Bcom, Mcom, PGDM, MMM and MCA. What is Cash Flow Statement Show a Company's Stability? [MUSIC] Welcome back. Business Communication MCQ is important for exams like MAT, CAT, CA, CS, CMA, CPA, CFA, UPSC, Banking and other Management department exam. There are numerous channels by which goods and services are distributed. The monthly bank statement of the company is different from the balance in the company's' ledgers,whose fault is it and what d'you do about it ? Answer added by Nasir Hussain, Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. What if, some of the intermediaries are not work effectively ? A company's channel decisions directly affect every _____. a. marketing b. operations c. logistics d. production 23. Once you have completed the test, click on 'Submit Answers for Grading' to get your results. 72 Chapter 2: Developing Marketing Strategies and Plans Suggested Answer: A value chain is a tool for identifying ways to create more customer value. The marketing research process is presented to you in your text as: UPS is a company that hires a very high number of __________ and _________ workers. Logistics Officer (Information Cluster) SC 8. A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. This set of solved objective questions on MIS includes multiple-choice questions on the fundamentals of management information systems. Strategy/ies to control channel conflict: a) 2 b) 3 c) 4 d) 5 View Answer / Hide Answer. There is no middleman in this channel. Imagine how it would affect our business. An advantage of a channel of distribution over selling direct to consumers is that each channel member plays a _____ in the channel. By Mistake, you have given a gift to the customer's representative? Evaluating channel members 12. According to the manufacturing-based definition of quality Marketing Research is a systematic method of A) Collecting B) Recording C) Analyzing D) a, b,& c Ans:D Q.3. Marriage, childbirth, and divorce constitute the ________ that shape the consumption pattern of individuals. C. competitor's actions. 0 Answers/Comments. We will find out what important decisions we need to take into account. Register now Multiple choice questions Try the multiple choice questions below to test your knowledge of this chapter. An attractive idea must be developed into a ________. 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